Mastin Celeste Beeks 4

Accession 0001225208-26-000704

CIK 0000039368other

Filed

Jan 21, 7:00 PM ET

Accepted

Jan 22, 12:43 PM ET

Size

16.5 KB

Accession

0001225208-26-000704

AI-generated summary of this filing

Updated Jan 22, 2026

H.B. Fuller CEO Mastin Celeste Beeks Receives 9,533-Unit Award

What Happened

Mastin Celeste Beeks, President & CEO and Director of H.B. Fuller (FUL), was granted 9,533 performance stock units on 2026-01-20. The award is recorded at $0.00 (derivative/award), representing contingent rights rather than an immediate cash transaction.
These are performance stock units that convert into common shares on a 1-for-1 basis upon vesting; the reported amount reflects achieving 80% of the target payout. Vesting is scheduled for January 24, 2026.

Key Details

Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (filed within typical 2-business-day window).
Transaction type/code: A — Grant/Award (derivative: performance stock units); reported price per unit: $0.00.
Shares acquired: 9,533 performance stock units (convertible to 9,533 common shares on vesting, if conditions met).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Relevant footnotes: F1 (PSUs convert 1-for-1), F2 (each PSU is a contingent right; this grant reflects 80% of target ROIC payout; vesting date 1/24/2026).
No sale, purchase, or exercise occurred — this is a compensation award, not an open-market trade.

Context

Performance stock units are contingent awards tied to performance metrics; they do not represent immediately tradable shares until they vest and convert. This grant is typical executive compensation and should not be read as an immediate buy/sell signal.
Because the award reflects 80% of target, the number granted is a performance-adjusted payout rather than a full-target grant.

Form 4

Period: 2026-01-20

DirectorPresident and CEO

Transactions

Award
Performance Stock Units
[F1][F2]
2026-01-20+9,533→ 9,533 total
Exercise: $0.00From: 2026-01-24Exp: 2026-01-24→ Common Stock (9,533 underlying)

Holdings

Common Stock
16,119
Common Stock
(indirect: By Trust)
3,500
Employee Stock Option (Right-to-Buy)
[F3]
Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (135,135 underlying)
135,135
Employee Stock Option (Right-to-Buy)
[F3]
Exercise: $67.55From: 2023-04-07Exp: 2032-04-07→ Common Stock (25,667 underlying)
25,667
Employee Stock Option (Right-to-Buy)
[F3]
Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (72,261 underlying)
72,261
Employee Stock Option (Right-to-Buy)
[F3]
Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (103,228 underlying)
103,228
Restricted Stock Units
[F4][F5][F6]
Exercise: $0.00From: 2024-01-24Exp: 2026-01-24→ Common Stock (4,214.05 underlying)
4,214.05
Restricted Stock Units
[F4][F5][F6]
Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (11,880.79 underlying)
11,880.79
Restricted Stock Units
[F4][F5][F6]
Exercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (24,043.24 underlying)
24,043.24

Footnotes (6)

[F1]These performance stock units convert into shares of common stock on a 1-for-1 basis.
[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 vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
[F4]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
[F5]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
[F6]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.

Signature

/s/ Patrick J. Seul, Attorney-in-Fact|2026-01-22

1 file

FULLER H B CO

CIK 0000039368

Entity typeother