Corkrean John J 4
4 · FULLER H B CO · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) CFO John J. Corkrean Exercises Options
What Happened John J. Corkrean, Executive Vice President and Chief Financial Officer of FULLER H B Co (FUL), exercised options that resulted in 1,441 shares being issued at an exercise price of $59.81 per share (gross value ≈ $86,186) on January 27, 2026. The filing also shows 442 shares were withheld to cover tax withholding (value ≈ $26,436). The report includes both acquisition and disposition entries tied to the exercise transaction.
Key Details
- Transaction date: 2026-01-27; exercise/derivative price: $59.81/share.
- Shares exercised/issued: 1,441 (gross value ≈ $86,186).
- Shares withheld for taxes: 442 (value ≈ $26,436) per footnote F1.
- Filing date: 2026-01-29 — appears timely (filed two days after the transaction).
- Shares owned after transaction: not specified in the provided filing data.
- Notable footnotes: F1 indicates shares were withheld to satisfy tax obligations; the filing includes additional standard footnotes about RSU conversion/vesting and option vesting schedules.
Context This was an option exercise (derivative transaction). The combination of acquisition and disposition entries, plus the explicit tax-withholding entry, indicates part of the issuance was used to meet tax obligations rather than an open-market cash purchase or a routine sale of additional shares. Such exercises by insiders are often routine (exercising vested options) and are not by themselves a clear bullish or bearish signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-01-27$59.81/sh+1,441$86,186→ 59,950 total - Tax Payment
Common Stock
[F1]2026-01-27$59.81/sh−442$26,436→ 59,508 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-01-27$59.81/sh−1,441$86,186→ 2,929.58 totalExercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (1,441 underlying)
- 41,208
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (41,208 underlying) - 48,309
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (48,309 underlying) - 23,696
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (23,696 underlying) - 38,376
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (38,376 underlying) - 21,834
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (21,834 underlying) - 39,347
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (39,347 underlying) - 24,570
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (24,570 underlying) - 22,312
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (22,312 underlying) - 21,997
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (21,997 underlying) - 24,774
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (24,774 underlying) - 28,248.05
Phantom Units
[F7][F8][F9]Exercise: $0.00→ Common Stock (28,248.05 underlying) - 1,448.64
Restricted Stock Units
[F2][F3][F4]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (1,448.64 underlying) - 5,804
Restricted Stock Units
[F2][F3]Exercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (5,804 underlying)
Footnotes (9)
- [F1]Shares withheld for taxes due on 1,441 shares issued.
- [F2]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F3]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F4]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- [F5]This option is 100% vested.
- [F6]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F7]These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
- [F8]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.
- [F9]Amount includes stock units acquired pursuant to a dividend equivalent feature.