Lorenz Laura J 4

What Happened

• Laura J. Lorenz, Senior Vice President, HR & Communication at Fuller H.B. Co. (FUL), was granted equity on 2026-01-26. The filing reports 14,052 derivative shares at a grant price of $59.81 (total reported value $840,450) and a separate grant of 2,072 restricted stock units (RSUs) reported at $0.00. These are awards (compensation), not open-market purchases or sales.

Key Details

• Transaction date and reported terms:
  • 2026-01-26: 14,052 derivative units @ $59.81 — reported value $840,450 (Footnote F1).
  • 2026-01-26: 2,072 restricted stock units @ $0.00 — reported value $0 (Footnotes F2, F3, F4).
• Shares owned after the transaction: Not provided in the supplied filing details.
• Relevant footnotes from the filing:
  • F1: Option vests in three annual installments (33%, 33%, 34%) beginning on the grant date.
  • F2: These RSUs convert into common stock on a 1-for-1 basis.
  • F3: These RSUs vest in three annual installments (33%, 33%, 34%) beginning on the grant date.
  • F4: Amount includes RSUs acquired pursuant to a dividend-equivalent reinvestment feature.
• Filing timeliness: No late-filing indicator provided in the supplied data.

Context

• These awards appear to be part of executive compensation: the 14,052 units look like option-type awards (vesting schedule in F1) and the 2,072 are RSUs that convert 1-for-1 into shares as they vest. Such grants are routine compensation and do not by themselves indicate an immediate market purchase or sale.