Corkrean John J 4

What Happened

• John J. Corkrean, Executive Vice President and CFO of Fuller H. B. Co. (FUL), received equity awards and exercised stock options on 2026-01-26. He was granted 39,347 restricted stock units (RSUs) valued at about $2,353,344 (39,347 × $59.81) and an additional 5,804 RSUs reported at $0 (likely settlement/award units). He also exercised options that resulted in 1,404 shares tied to an exercise value of $60.07 per share (total $84,338). Some shares were withheld to cover taxes.

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-28 (timely within the two-business-day window).
• Grants: 39,347 RSUs @ $59.81 each ≈ $2,353,344; plus 5,804 RSUs reported at $0.
• Option exercise: 1,404 shares at $60.07/share = $84,338 (exercise/conversion reported).
• Tax/tendering actions: 431 shares withheld for taxes (431 × $60.07 = $25,890). The filing also shows disposition entries related to the exercised shares (reported per Form 4 mechanics).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Relevant footnotes: F1 (shares withheld for taxes on 1,404 shares), F2/F4 (some awards vest in three annual installments: 33%/33%/34%), F3/F7 (RSUs convert 1-for-1 to common stock), F5/F9 (some units include dividend-equivalent features), F6 (one option reported as 100% vested), F8 (certain units convert on termination or as selected subject to holding rules).

Context

• These entries are mostly compensation-related (RSU grants and option exercises), which are routine for executives and do not necessarily signal buying/selling for investment reasons. The exercise shows acquisition of shares via option conversion, with some shares withheld/tendered to cover taxes or exercise costs (a common cashless exercise/reporting pattern). Grants (RSUs) are acquisitions but typically subject to vesting schedules noted in footnotes.