Corkrean John J 4
Accession 0001225208-26-000696
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 12:42 PM ET
Size
24.0 KB
Accession
0001225208-26-000696
Research Summary
AI-generated summary of this filing
H.B. Fuller CFO John Corkrean Receives 2,943-Share Award
What Happened
John J. Corkrean, Executive Vice President and Chief Financial Officer of H.B. Fuller (FUL), was granted 2,943 performance stock units on Jan. 20, 2026. The award is recorded as a derivative grant with an acquisition price of $0 (no cash paid). These performance stock units convert into common shares on a 1-for-1 basis upon vesting and are contingent on performance metrics.
Key Details
- Transaction date: 2026-01-20; Form 4 filed: 2026-01-22.
- Grant type: Performance stock units (derivative award), 2,943 units, acquisition price $0.
- Vesting/settlement: Footnote F2 — each unit represents a contingent right to one share on vesting date of Jan. 24, 2026; the reported amount reflects an 80% payout level for the return-on-invested-capital (ROIC) performance metric. Footnote F1 notes these PSUs convert 1-for-1 into common shares.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: No indication of a late filing in the supplied data (filed two days after the transaction).
Context
This was a compensation award (not an open-market purchase or sale). Performance stock unit grants are common executive compensation tied to future performance and do not represent immediate cash proceeds or a sale of shares. These awards can become share ownership if performance and vesting conditions are met.
Insider Transaction Report
- Award
Performance Stock Units
[F1][F2]2026-01-20+2,943→ 2,943 totalExercise: $0.00From: 2026-01-24Exp: 2026-01-24→ Common Stock (2,943 underlying)
- 54,646
Common Stock
- 41,208
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (41,208 underlying) - 48,309
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (48,309 underlying) - 23,696
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (23,696 underlying) - 38,376
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (38,376 underlying) - 21,834
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (21,834 underlying) - 24,570
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (24,570 underlying) - 22,312
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (22,312 underlying) - 21,997
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (21,997 underlying) - 24,774
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (24,774 underlying) - 28,248.05
Phantom Units
[F5][F6][F7]Exercise: $0.00→ Common Stock (28,248.05 underlying) - 1,302.35
Restricted Stock Units
[F8][F9][F10]Exercise: $0.00From: 2024-01-24Exp: 2026-01-24→ Common Stock (1,302.35 underlying) - 2,852.64
Restricted Stock Units
[F8][F9][F10]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (2,852.64 underlying) - 4,370.58
Restricted Stock Units
[F8][F9][F10]Exercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (4,370.58 underlying)
Footnotes (10)
- [F1]These performance stock units convert into shares of common stock on a 1-for-1 basis.
- [F10]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- [F2]Each performance stock unit represents a contingent right to receive one share of H.B. Fuller common stock on the vesting date of January 24, 2026. This amount represents H.B. Fuller achieving return on invested capital payout at 80% of the target level.
- [F3]This option is 100% vested.
- [F4]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F5]These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
- [F6]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.
- [F7]Amount includes stock units acquired pursuant to a dividend equivalent feature.
- [F8]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F9]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
Signature
Documents
Issuer
FULLER H B CO
CIK 0000039368
Related Parties
1- filerCIK 0001431849
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 12:42 PM ET
- Size
- 24.0 KB