Magalhaes Joao 4
4 · FULLER H B CO · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
FULLER H B CO (FUL) Sr. VP Joao Magalhaes Exercises Options
What Happened
Joao Magalhaes, Senior Vice President, Engineering — Adhesives at Fuller H B Co (FUL), exercised stock option/derivative awards on January 24, 2026. He exercised two option lots (293 and 130 shares) at $60.07 per share (aggregate values reported as $17,601 and $7,809) and received an 11-share award valued at $661. To cover taxes/exercise obligations, portions of the shares were disposed/withheld (see details below). Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax withholding; A = award/grant.
Key Details
- Transaction date: 2026-01-24; exercise/award price reported at $60.07 per share.
- Exercises: 293 shares ($17,601) and 130 shares ($7,809) — total exercised = 423 shares.
- Award: 11 shares ($661) reported as acquired (grant/award).
- Withheld/disposed for tax/exercise: 62 shares ($3,724) and 144 shares ($8,650). The exercised 293 and 130-share entries are also listed as dispositions (derivative), consistent with shares being used to satisfy payment/tax obligations.
- Footnotes of interest: F2/F3 indicate shares were withheld to meet tax liabilities on issued shares; F4–F6/F7–F9 describe conversion/vesting mechanics for various awards/options (1-for-1 conversion, staged vesting, dividend reinvestment) but do not change the reported counts here.
- Shares owned after the transactions: not specified in the provided filing details.
- Filing date: 2026-01-27 for transactions on 2026-01-24; the filing does not indicate a late-filing flag.
Context
This filing shows an options exercise with simultaneous share dispositions/withholding to cover taxes and/or exercise costs (a common cashless exercise/tax-withholding practice). These entries document internal option/award activity and tax-related share withholding rather than an open-market purchase or sale that signals immediate trading intent.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-01-24$60.07/sh+293$17,601→ 3,578 total - Exercise/Conversion
Common Stock
2026-01-24$60.07/sh+130$7,809→ 3,708 total - Award
Common Stock
[F1]2026-01-24$60.07/sh+11$661→ 3,719 total - Tax Payment
Common Stock
[F2]2026-01-24$60.07/sh−62$3,724→ 3,657 total - Tax Payment
Common Stock
[F3]2026-01-24$60.07/sh−144$8,650→ 3,513 total - Exercise/Conversion
Performance Stock Units
[F4]2026-01-24$60.07/sh−293$17,601→ 0 totalExercise: $0.00From: 2026-01-24Exp: 2026-01-24→ Common Stock (293 underlying) - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-01-24$60.07/sh−130$7,809→ 0 totalExercise: $0.00From: 2024-01-24Exp: 2026-01-24→ Common Stock (130 underlying)
- 3,021
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (3,021 underlying) - 2,850
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (2,850 underlying) - 1,658
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (1,658 underlying) - 2,952
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (2,952 underlying) - 1,681
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (1,681 underlying) - 8,853
Employee Stock Option (Right-to-Buy)
[F8]Exercise: $61.30From: 2026-02-04Exp: 2035-02-04→ Common Stock (8,853 underlying) - 2,231
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (2,231 underlying) - 1,882
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (1,882 underlying) - 2,627
Employee Stock Option (Right-to-Buy)
[F8]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (2,627 underlying) - 303.74
Restricted Stock Units
[F5][F6][F9]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (303.74 underlying) - 1,574.78
Restricted Stock Units
[F5][F6][F9]Exercise: $0.00From: 2026-02-04Exp: 2028-02-04→ Common Stock (1,574.78 underlying)
Footnotes (9)
- [F1]This amount reflects the number of shares acquired pursuant to dividend accruals during the vesting period.
- [F2]Shares withheld for taxes due on 130 shares issued.
- [F3]Shares withheld for taxes due on 304 shares issued.
- [F4]These performance stock units convert into shares of common stock on a 1-for-1 basis.
- [F5]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F6]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F7]This option is 100% vested.
- [F8]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F9]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.