FULLER H B CO (FUL) reported several strategic transactions and financing updates during the quarter ending August 30, 2025. The company completed multiple acquisitions to expand regional and product presence, including ND Industries Asia, Inc. for approximately $8,310 (goodwill $2,422; other intangibles $2,400) and HS Butyl in the U.K. with other intangibles of $6,974 and goodwill of $3,805. Several acquisitions include holdbacks measured at fair value (example: a holdback of $28,922).
On financing, the company refinanced Term Loan B reducing margins to SOFR+175 bps with a SOFR floor of 50 bps (effective rate 6.07% at August 30, 2025) and retained the Feb 15, 2030 maturity. Interest rate and cross-currency swaps produced combined fair value liabilities reported as other liabilities (examples: $22,571 and $120,188). A $300,000 share repurchase authorization remains in place; repurchases of $56,930 were completed year‑to‑date. The company recorded environmental remediation liabilities of $2,818 and disclosed goodwill and intangible asset movements and discrete tax items affecting effective tax rates.
H.B. Fuller Company filed a current report to note that it has announced its operating results for the third quarter ended August 30, 2025. The company released these results on September 24, 2025, and the details are contained in a press release that is attached as Exhibit 99.1 and incorporated by reference into the report. The company also clarifies that the information about these results is being furnished rather than filed, which affects how it is treated under federal securities laws.
John J. Corkrean, Executive Vice President and Chief Financial Officer of Fuller H.B. Co. (ticker: FUL), filed a Form 4 reporting a transaction dated 09/12/2025. The filing shows a disposal of 52,196 shares of common stock. The report also lists derivative and equity holdings: 152.89 phantom units (convertible 1-for-1), multiple vested and unvested employee stock options totaling listed shares across exercise prices from $43.48 to $77.72, and restricted stock units totaling 8,991.26 units across several grant dates. Several options are fully vested while others vest in scheduled installments; certain RSUs include dividend equivalents. The form is signed by an attorney-in-fact on behalf of the reporting person.
Heather Campe, Senior Vice President, International Growth at Fuller H B Co (FUL), reported changes in her beneficial ownership on a Form 4 covering transactions with an earliest transaction date of 09/12/2025. The filing shows a disposition of 22,316.23 shares of common stock (noted as Code V) and the acquisition of 35.17 phantom units that convert to common stock, with an indicated price reference of $61.65 for underlying units. The report also lists multiple outstanding employee stock options (strike prices $51.89 to $77.72) totaling 83,479 option shares and restricted stock units that convert 1-for-1, with cumulative RSUs reported in the low thousands. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Insider transaction report for H.B. Fuller (FUL): The reporting person, Executive VP and CFO John J. Corkrean, disposed of 52,196 shares of common stock on 08/29/2025. The filing also lists a large portfolio of remaining direct holdings consisting of vested and unvested employee stock options (totaling multiple option grants for tens of thousands of shares), restricted stock units that convert 1-for-1 into common shares (aggregate amounts shown), and phantom units that convert into shares. Several options are fully vested while others vest over multi-year schedules. The filing shows continued significant equity exposure through options and RSUs despite the reported sale.
Heather Campe, Sr. VP, International Growth at H.B. Fuller Company (FUL), filed a Form 4 disclosing insider transactions dated 08/29/2025 and filed 09/02/2025. The filing reports a disposition of 22,316.23 shares of common stock and shows multiple derivative holdings: employee stock options totaling 84,479 option shares and restricted stock units totaling 3,681.48 shares. The filing also records conversion/award activity for phantom units and restricted stock units that convert to common stock on a 1-for-1 basis and notes dividend reinvestment and dividend-equivalent features for some awards.
Teresa J. Rasmussen Trangsrud, a director of H.B. Fuller Co. (FUL), reported transactions dated 08/29/2025. The filing shows a disposal of 2,343 shares of common stock and the acquisition of 968.47 stock units under the Directors' Deferred Compensation Plan. The stock units convert 1-for-1 into common shares upon specified events and include units received as dividend equivalents. After these transactions, the reporting person beneficially owns 18,556.15 shares (direct ownership). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Charles T. Lauber, a director of H.B. Fuller Company (FUL), reported Form 4 transactions dated 08/29/2025. The filing shows non-derivative and derivative stock-unit activity. On 08/29/2025 he acquired 450.45 stock units (treated as common stock on a 1-for-1 basis) at a reported price basis of $61.05, bringing his beneficial ownership in that class to 9,485.99 units. The filing also reports 1,346.071 restricted stock units that convert 1-for-1 into common stock with a listed conversion/exercise date of 01/24/2026, and the same amount is shown as beneficially owned following the transaction. The units include amounts credited via a dividend equivalent feature of the Directors' Deferred Compensation Plan and some units convert upon retirement, death, disability, or specified events, subject to holding requirements. The form is signed by an attorney-in-fact on 09/02/2025.
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.
Michael J. Happe, a director of H.B. Fuller Company (FUL), reported transactions on 08/29/2025. He disposed of 1,343 shares of common stock. The filing also reports acquisition of 450.45 stock units under the Directors' Deferred Compensation Plan that convert 1-for-1 into common shares and will convert on retirement, death, disability or certain specified events, subject to holding periods. The reported holdings after the transactions equal 13,390.71 shares beneficially owned, which includes stock units credited as dividend equivalents. The form was signed by an attorney-in-fact on 09/02/2025.