Martsching Robert J 4
4 · FULLER H B CO · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) VP Robert Martsching Exercises Options
What Happened
- Robert J. Martsching, VP & Corporate Controller of Fuller H. B. Co. (FUL), reported exercising or converting a derivative (stock option) into 269 shares on 2026-01-27 at $59.81 per share (total value reported $16,089).
- The filing also shows 77 shares (at $59.81 each, $4,605) were disposed to satisfy tax withholding, and a separate derivative-related disposition of 269 shares at $59.81 (value $16,089) is reported. The net shares retained after these entries are not explicitly stated in the provided data.
Key Details
- Transaction date: 2026-01-27. Exercise price / reported price: $59.81 per share.
- Items reported:
- M (exercise/conversion): 269 shares acquired — $16,089.
- F (tax withholding/payment): 77 shares disposed — $4,605 (footnote F1: shares withheld for taxes).
- M (derivative disposition): 269 shares disposed — $16,089.
- Relevant footnotes: F1 (shares withheld for taxes). Filing indicates option was fully vested (see footnote F6 in the filing).
- Filing date: 2026-01-29. This appears to be filed within the typical 2-business-day Form 4 window (i.e., timely).
Context
- For retail investors: this was an option exercise (derivative conversion). The filing lists both acquisition and dispositions related to the exercise; such dispositions can reflect withholding and/or an immediate sale (cashless exercise) to cover taxes or exercise costs. The filing’s footnote confirms shares were withheld to cover tax liability.
- The report is factual and does not indicate management’s intent or future company performance.
Insider Transaction Report
Form 4
Martsching Robert J
VP, Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2026-01-27$59.81/sh+269$16,089→ 16,110.307 total - Tax Payment
Common Stock
[F1][F2]2026-01-27$59.81/sh−77$4,605→ 16,033.307 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-01-27$59.81/sh−269$16,089→ 549.85 totalExercise: $0.00From: 2026-01-27Exp: 2028-01-27→ Common Stock (269 underlying)
Holdings
- 8,791
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (8,791 underlying) - 8,173
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (8,173 underlying) - 7,582
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (7,582 underlying) - 6,088
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (6,088 underlying) - 7,336
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (7,336 underlying) - 6,323
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (6,323 underlying) - 4,606
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $64.28From: 2026-01-27Exp: 2035-01-27→ Common Stock (4,606 underlying) - 3,346
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (3,346 underlying) - 3,629
Employee Stock Option (Right-to-Buy)
[F6]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (3,629 underlying) - 3,096
Employee Stock Option (Right-to-Buy)
[F7]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (3,096 underlying) - 2,824.63
Phantom Units
[F8][F9][F10]Exercise: $0.00→ Common Stock (2,824.63 underlying) - 182.48
Restricted Stock Units
[F3][F4][F5]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (182.48 underlying) - 932
Restricted Stock Units
[F3][F4]Exercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (932 underlying)
Footnotes (10)
- [F1]Shares withheld for taxes due on 269 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]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F4]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F5]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- [F6]This option is 100% vested.
- [F7]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [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|2026-01-29