FULLER H B CO·4

Jan 28, 11:23 AM ET

East James J. 4

Research Summary

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Fuller H B (FUL) EVP James J. East Exercises Options, Receives Awards

What Happened

  • James J. East, Executive Vice President (HHC) of Fuller H B Co. (FUL), reported multiple equity transactions on 2026-01-26. He exercised options that resulted in 692 shares at $60.07 (value ~$41,568). The filing also shows a disposition of 692 shares at $60.07 and 157 shares withheld to cover taxes (worth ~$9,431).
  • In addition, East received equity awards: 20,938 derivative/share units valued at $59.81 each (total ~$1,252,302) and 3,088 units reported at $0.00 (likely deferred/stock-unit awards).

Key Details

  • Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (filed within the standard 2-business-day window).
  • Exercise: 692 shares @ $60.07 → $41,568 (reported). Tax withholding: 157 shares @ $60.07 → $9,431. A matching disposition of 692 shares at $60.07 is also reported.
  • Award: 20,938 units @ $59.81 → ~$1,252,302 (derivative/award); plus 3,088 units reported at $0.00.
  • Shares owned after the transactions: not provided in the supplied data.
  • Notable footnote items in the filing: shares withheld to satisfy taxes; some awards include dividend-equivalent features; restricted stock units/stock units generally convert 1-for-1 and often vest in three annual installments (per the filing’s footnotes).

Context

  • The filing shows an option exercise combined with a reported disposition of the same 692 shares at the same price, which is commonly a cashless exercise/settlement (exercised options then sold to cover costs and/or taxes). Separately, East received a material equity award (~$1.25M) that typically vests/settles over time (see vesting footnotes).
  • These award grants are not the same as an open-market purchase and do not by themselves indicate an immediate bullish or bearish signal; tax withholding and cashless exercises are routine administrative matters.
  • No indication in the provided data that this was a 10% owner transaction or a late filing.