East James J. 4
Research Summary
AI-generated summary
FULLER H B Co (FUL) EVP James J. East Exercises Options
What Happened
- James J. East, Executive Vice President (HHC) of Fuller H. B. Co. (FUL), exercised stock-derived awards and received a total of 2,576 shares on 2026-01-24. This comprised exercises/conversions of 1,739 and 769 option/derivative units plus a grant/award of 68 shares, all at $60.07 per share (gross value ≈ $154,741).
- To cover tax and/or exercise obligations, 753 shares were withheld (185 + 568 shares, value ≈ $45,233). The net result is approximately 1,823 shares retained (net value ≈ $109,508). Transaction codes: M = option exercise/conversion, A = award/grant, F = shares withheld for taxes/paid exercise costs.
Key Details
- Transaction date: 2026-01-24; Price per share: $60.07.
- Gross shares acquired: 2,576 (1,739 + 769 exercised; 68 awarded) — gross value ≈ $154,741.
- Shares withheld/disposed for taxes/exercise: 753 — value ≈ $45,233; net shares retained ≈ 1,823 (net value ≈ $109,508).
- Relevant footnotes: F1 indicates some shares reflect dividend accruals during vesting; F2/F3 note shares were withheld to cover taxes on issued shares.
- Shares owned after the transaction: not disclosed in the supplied filing excerpt.
- Filing: Report filed 2026-01-27 for a 2026-01-24 transaction; this filing date appears timely based on business-day reporting rules.
Context
- This appears to be a routine option exercise and award vesting with a portion of shares withheld to satisfy tax/exercise obligations (a common cashless outcome). Such transactions are generally administrative and do not by themselves indicate the insider’s market view.