H.B. Fuller EVP files Form 4 after minor sale, large option holdings disclosed
Rhea-AI Filing Summary
H.B. Fuller (FUL) Form 4: Exec VP Business Transformation Nathan D. Weaver reported a modest insider sale on 08/05/2025. He disposed of 213.1901 common shares held in the company 401(k) plan at $56.84 each, shares that had been accumulated via dividend reinvestment from 04/28/2025-07/24/2025. Post-sale, the plan holds zero shares while Weaver retains 6,970 directly owned shares.
The filing also outlines substantial long-term equity exposure:
- 94,841 employee stock options (strike $26.66-$77.72, expirations 2026-2035); options granted before 2024 are fully vested, later grants vest 33%/33%/34%.
- 5,848 phantom units convertible 1-for-1 into common stock upon separation or an elected date.
- 4,298 restricted stock units vesting between 2026-2028.
No other transactions, purchases, or material corporate events were disclosed in this filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: Minor insider sale; executive still holds sizable equity via options & RSUs—overall neutral signal for investors.
The 213-share sale represents a negligible fraction of both daily volume and the insider’s total economic exposure. Weaver continues to control 6,970 direct shares plus roughly 94.8k options, 5.8k phantom units and 4.3k RSUs, indicating continued alignment with shareholder value creation. Because the divestiture arose from a retirement-plan accumulation cycle and is not paired with broader insider selling, I view the filing as routine and not materially impactful to FUL’s investment thesis.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Common Stock | 213.19 | $56.84 | $12K |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right-to-Buy) | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Between April 28, 2025 and July 24, 2025, the reporting person acquired 213.1901 shares of H.B. Fuller Company common stock under the H.B. Fuller Company 401(k) and Retirement Plan. Amount includes common stock acquired pursuant to a dividend equivalent feature. On August 5, the reporting person sold those shares. Amount includes shares acquired pursuant to a dividend reinvestment plan. This option is 100% vested. This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown. These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis. These units (acquired after 12-31-04) convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law. Amount includes stock units acquired pursuant to a dividend equivalent feature. These restricted stock units convert into shares of common stock on a 1-for-1 basis. These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown. Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
