Weaver Nathan D. 4
4 · FULLER H B CO · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) Exec VP Nathan Weaver Exercises Options & Receives Award
What Happened
Nathan D. Weaver, Executive Vice President, Business Transformation at Fuller H. B. Co. (FUL), exercised stock options and received equity awards on 2026-01-26. The filing shows he exercised 555 option shares at $60.07 (gross value $33,339) and was subject to tax withholding of 192 shares (value $11,533). Separately, he was granted 23,187 derivative shares/units at an indicated value of $59.81 each (total ≈ $1,386,814) and an additional 3,420 units reported at $0.00 (likely dividend-equivalent or similar units).
Key Details
- Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (appears timely).
- Exercise: 555 shares exercised at $60.07 (gross value $33,339).
- Tax withholding: 192 shares withheld/disposed to satisfy tax obligations (value $11,533). Net shares from exercise = 555 − 192 = 363 (based on reported entries).
- Award/grant: 23,187 derivative shares/units @ $59.81 ≈ $1,386,814; plus 3,420 units @ $0.00.
- Footnotes of note: F1 indicates shares were withheld for taxes on the exercise; other footnotes state these units are derivative/RSU-type awards that convert 1-for-1 and generally vest in three annual installments and may include dividend equivalents.
- Shares owned after the transactions are not provided in the excerpt.
Context
- This was primarily an equity award (large RSU/stock unit grant) plus a routine option exercise. The exercise involved net-share settlement/tax withholding rather than an open-market sale (the withholding covered tax liabilities).
- Awards and exercises are commonly part of executive compensation and do not by themselves indicate market sentiment. Purchases (cash outlays to buy stock) tend to be a clearer bullish signal; this filing mainly reflects compensation and tax-withholding mechanics.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-01-26$60.07/sh+555$33,339→ 11,329 total - Tax Payment
Common Stock
[F1][F2]2026-01-26$60.07/sh−192$11,533→ 11,137 total - Award
Employee Stock Option (Right-to-Buy)
[F3]2026-01-26$59.81/sh+23,187$1,386,814→ 23,187 totalExercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (23,187 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]2026-01-26$60.07/sh−555$33,339→ 574.28 totalExercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (555 underlying) - Award
Restricted Stock Units
[F4][F5]2026-01-26+3,420→ 3,420 totalExercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (3,420 underlying)
- 9,732
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $26.66From: 2021-04-02Exp: 2030-04-02→ Common Stock (9,732 underlying) - 6,115
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (6,115 underlying) - 5,362
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (5,362 underlying) - 4,976
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (4,976 underlying) - 11,992
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (11,992 underlying) - 4,585
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (4,585 underlying) - 14,844
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (14,844 underlying) - 9,634
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (9,634 underlying) - 8,249
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (8,249 underlying) - 9,806
Employee Stock Option (Right-to-Buy)
[F3]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (9,806 underlying) - 5,895.44
Phantom Units
[F8][F9][F10]Exercise: $0.00→ Common Stock (5,895.44 underlying) - 2,640.43
Restricted Stock Units
[F4][F5][F6]Exercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (2,640.43 underlying)
Footnotes (10)
- [F1]Shares withheld for taxes due on 555 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.