Campe Heather 4

What Happened

• Heather Campe, Senior Vice President, International Growth at FULLER H B (FUL), exercised options and received equity awards on Jan 26, 2026. She exercised 563 option shares at $60.07 per share (exercise cost ≈ $33,819). Of those, 168 shares were withheld to cover taxes (value ≈ $10,092).
• In the same filing she was granted a derivative equity award of 15,177 units valued at $59.81 each (total ≈ $907,736) and an additional 2,238 units shown at $0.00 (likely restricted stock units/stock units subject to vesting or conversion).

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-28 (appears timely).
• Option exercise: 563 shares at $60.07 (total exercise value ≈ $33,819).
• Tax withholding: 168 shares withheld to satisfy tax obligations (value ≈ $10,092) — filing footnote F1.
• Award/grant: 15,177 derivative units at $59.81 (≈ $907,736) and 2,238 units at $0.00 (likely RSUs or deferred units).
• Shares owned after transaction: not specified in the data provided in this summary.
• Notable footnotes in the filing include F1 (shares withheld for taxes), F10 (includes stock units from dividend equivalent feature), F2 (dividend reinvestment), and several notes describing vesting schedules and 1-for-1 RSU conversion (F3–F9). See the filing for exact footnote mappings.

Context

• The exercise of 563 options required paying the exercise price and resulted in share withholding to cover taxes — a common, routine outcome of option exercises (sometimes called a cashless or net share settlement element).
• The 15,177-unit grant is a compensation award (not an open-market buy) and is best viewed as part of pay/retention rather than a direct bullish market bet.