Ogunsanya Gregory O. 4

What Happened
Gregory O. Ogunsanya, Senior Vice President, General Counsel and Corporate Secretary of H.B. Fuller (FUL), received a grant of 453 performance stock units on January 20, 2026. The award was recorded at $0.00 acquisition price (typical for equity awards); no cash changed hands. These are derivative performance awards that can convert into common shares if performance and vesting conditions are met.

Key Details

• Transaction date: January 20, 2026; Form 4 filed January 22, 2026 (filed promptly after the transaction).
• Award: 453 performance stock units (PSUs) @ $0.00; reported value $0 on acquisition.
• Vesting/Conversion: Each PSU converts 1-for-1 into common stock on the vesting date (October 4, 2026) if performance conditions are met (Footnotes F1, F2).
• Performance level noted: the reported amount reflects achieving return-on-invested-capital (ROIC) payout at 80% of target (Footnote F2).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing type/code: Listed as an award/grant (derivative transaction). No 10b5-1 plan, tax-withholding sale, or cashless exercise indicated in the filing excerpt.

Context
This was an equity compensation grant (performance-based restricted units), not an open-market purchase or sale. PSUs are contingent on future performance and vesting; they do not represent immediately tradable shares. Such grants are routine executive compensation and do not by themselves indicate the insider is buying or selling shares for personal investment reasons.