Weaver Nathan D. 4

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.