Du Xinyu 4

What Happened

• Du Xinyu, Senior Vice President, Global R&D at H.B. Fuller, was awarded 374 performance stock units (derivative award) on 2026-01-20. The award shows an acquisition price of $0.00 because these are granted performance units rather than an open-market purchase. The units are contingent rights that convert into H.B. Fuller common shares if vesting conditions are met.

Key Details

• Transaction date: 2026-01-20; Form 4 filed: 2026-01-22.
• Award type: Performance stock units (derivative) — 374 units granted; reported acquisition price $0.00.
• Vesting/settlement: These PSUs convert into common stock on a 1-for-1 basis and are scheduled to vest/settle on January 24, 2026 (per footnote F2).
• Performance condition: The reported amount reflects H.B. Fuller achieving return-on-invested-capital (ROIC) payout at 80% of the target level (footnote F2).
• Shares owned after transaction: Not disclosed in this filing.
• Timeliness: Filing appears timely (report covers 2026-01-20 and was filed 2026-01-22).

Context

• Performance stock units (PSUs) are a form of compensation that convert to shares only if performance and/or service conditions are met; they do not represent immediate cash investment by the insider.
• Such grants are common as retention and incentive pay and should not be interpreted alone as a buy/sell signal. They differ from open-market purchases, which can be a clearer signal of personal conviction.