[Form 4] H.B. Fuller Company Insider Trading Activity

Rhea-AI Filing Summary

Ruth Kimmelshue, a director of H.B. Fuller Company (FUL), reported transactions on August 29, 2025. She disposed of 1,351 shares of common stock and acquired 529.28 stock units under the Directors' Deferred Compensation Plan. The stock units convert 1-for-1 into common shares upon retirement, death, disability or specified events and include dividend-equivalent units. After these transactions, the filing reports beneficial ownership of 32,044.46 shares. The Form 4 was submitted by an attorney-in-fact and signed on September 2, 2025.

Positive

• Director retains substantial reported ownership of 32,044.46 shares, signaling continued alignment with shareholders.
• 529.28 stock units added under the Directors' Deferred Compensation Plan, which convert 1-for-1 and include dividend-equivalent credits, supporting long-term retention.

Negative

• Disposition of 1,351 common shares was reported on 08/29/2025, indicating a reduction in direct holdings.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation and modest disposition; no immediate governance red flags.

The transaction combines a small open-market disposition with additional deferred-compensation units that vest on defined triggering events. The director retains significant reported beneficial ownership of over 32,000 shares, and the disclosed stock units reflect standard director deferred-comp plans with dividend equivalents and conversion on retirement or other events. The filing was executed by an attorney-in-fact, a common administrative practice, and contains clear explanations of conversion and dividend-equivalent treatment.

Securities Analyst

TL;DR: Impact is neutral; the disposal size is limited and deferred units add to long-term alignment.

The reported disposal of 1,351 shares is small relative to the reported beneficial holding and is accompanied by 529.28 stock units that convert 1-for-1 and carry a reference price of $61.05. The net effect is continued director exposure to the company’s equity via deferred compensation rather than outright cashing out. No derivative exercises or unusual compensatory structures are reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kimmelshue Ruth

(Last) (First) (Middle)

1200 WILLOW LAKE BOULEVARD

P.O. BOX 64683

(Street)

ST. PAUL MN 55164-0683

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FULLER H B CO [ FUL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								1,351	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units	$0.0000(1)	08/29/2025		A		529.28		(2)	(2)	Common Stock	529.28	$61.05	32,044.46(3)	D

Explanation of Responses:

1. These units convert into shares of common stock on a 1-for-1 basis.

2. These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.

3. This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.

	/s/ Patrick J. Seul, Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Ruth Kimmelshue report in the Form 4 for FUL?

She reported a disposition of 1,351 common shares and the acquisition of 529.28 stock units under the Directors' Deferred Compensation Plan on 08/29/2025.

How many shares does the reporting person beneficially own after the transaction?

The Form 4 lists 32,044.46 shares as the amount of securities beneficially owned following the reported transaction(s).

What are the stock units and when do they convert?

The stock units convert 1-for-1 into common stock and will be converted upon retirement, death, disability or certain specified events as defined by the plan, subject to holding periods required by law.

Was any option or derivative exercised in this filing?

No exercise of options or other derivative securities is reported; the filing shows stock units and a separate disposition of common stock.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by an attorney-in-fact, Patrick J. Seul, on 09/02/2025 according to the document.