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FULLER H B CO·4

Jan 28, 11:23 AM ET

Martsching Robert J 4

4 · FULLER H B CO · Filed Jan 28, 2026

Research Summary

AI-generated summary of this filing

Updated

FULLER H B (FUL) VP Robert Martsching Receives Award & Exercises Options

What Happened
Robert J. Martsching, VP and Corporate Controller of FULLER H B CO (FUL), was granted equity and exercised options on 2026-01-26. He was awarded 6,323 derivative-based share units valued at $59.81 each (total ≈ $378,179) and 932 units that converted into common shares at $0.00 (likely RSU conversion). He also exercised 176 option shares at $60.07 (value ≈ $10,572). To satisfy tax withholding on the exercise, 51 shares were withheld (disposed) for taxes.

Key Details

  • Transaction date: 2026-01-26; Form 4 filed 2026-01-28 (filed within the typical two-business-day window).
  • Grants/acquisitions: 6,323 units @ $59.81 (≈ $378,179); 932 units @ $0.00 (conversion to shares).
  • Option exercise: 176 shares exercised @ $60.07 (≈ $10,572).
  • Tax withholding: 51 shares withheld to cover taxes on the exercise (footnote F1).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes of note: filing indicates shares/units may include dividend equivalents and restricted stock units that convert 1-for-1 and/or vest over multiple years (see footnotes for dividend-equivalent and vesting details).

Context

  • The 176-share transaction is an exercise/conversion of derivative securities (code M). The simultaneous withholding of shares for taxes indicates a cashless or net share settlement to cover tax obligations rather than an open-market sale.
  • The 6,323 and 932 items are awards/stock unit acquisitions (code A); such awards are typically compensation/retention vehicles (restricted stock units or similar) rather than open-market purchases.
  • These filings are informational and factual; awards and option exercises do not necessarily indicate the insider’s market view on the stock.

Insider Transaction Report

Form 4
Period: 2026-01-26
FULLER H B COFUL
Martsching Robert J
VP, Corporate Controller
Transactions
  • Exercise/Conversion

    Common Stock

    2026-01-26$60.07/sh+176$10,572→ 15,892.307 total
  • Tax Payment

    Common Stock

    [F1][F2]
    2026-01-26$60.07/sh−51$3,064→ 15,841.307 total
  • Award

    Employee Stock Option (Right-to-Buy)

    [F3]
    2026-01-26$59.81/sh+6,323$378,179→ 6,323 total
    Exercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (6,323 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F5][F6]
    2026-01-26$60.07/sh−176$10,572→ 182.48 total
    Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (176 underlying)
  • Award

    Restricted Stock Units

    [F4][F5]
    2026-01-26+932→ 932 total
    Exercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (932 underlying)
Holdings

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (8,791 underlying)
    8,791

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (8,173 underlying)
    8,173

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (7,582 underlying)
    7,582

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (6,088 underlying)
    6,088

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (7,336 underlying)
    7,336

  • Employee Stock Option (Right-to-Buy)

    [F3]
    Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (4,606 underlying)
    4,606

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (3,346 underlying)
    3,346

  • Employee Stock Option (Right-to-Buy)

    [F7]
    Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (3,629 underlying)
    3,629

  • Employee Stock Option (Right-to-Buy)

    [F3]
    Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (3,096 underlying)
    3,096

  • Phantom Units

    [F8][F9][F10]
    Exercise: $0.00→ Common Stock (2,824.63 underlying)
    2,824.63

  • Restricted Stock Units

    [F4][F5][F6]
    Exercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (818.85 underlying)
    818.85
Footnotes (10)
  • [F1]Shares withheld for taxes due on 176 shares issued.
  • [F10]Amount includes stock units acquired pursuant to a dividend equivalent feature.
  • [F2]Amount includes shares acquired pursuant to a dividend reinvestment plan.
  • [F3]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
  • [F4]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
  • [F5]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
  • [F6]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
  • [F7]This option is 100% vested.
  • [F8]These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
  • [F9]These units (acquired after 12-31-04) convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law.
Signature
/s/ Patrick J. Seul, Attorney-in-Fact|2026-01-28

Documents

1 file
  • 4
    doc4.xmlPrimary