Ogunsanya Gregory O. 4

What Happened

• Gregory O. Ogunsanya, Senior Vice President, General Counsel and Corporate Secretary of Fuller H. B. Co. (FUL), exercised options converting 600 derivative shares into common stock at $59.81 per share (600 x $59.81 = $35,886) on 2026-01-27. The filing shows 217 of those shares were withheld to cover taxes (217 x $59.81 = $12,979). The filing also records a disposition of 600 derivative shares at the same price, indicating those converted shares were also transferred or sold the same day.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (timely filing).
• Exercise details: 600 shares exercised @ $59.81 = $35,886 (code M).
• Tax withholding: 217 shares withheld @ $59.81 = $12,979 (code F; footnote F1).
• Additional disposition: 600 derivative shares disposed @ $59.81 = $35,886 (code M; suggests same-day sale/transfer).
• Shares owned after transaction: not disclosed in the filing.
• Notable footnotes in the filing: F1 (shares withheld for taxes); F5 (option vests in three annual installments). Other footnotes reference RSU/PSU conversion and vesting characteristics (F2–F4, F6).

Context

• The pattern—exercise followed by a recorded disposition—often reflects a cashless exercise or same-day sale of the exercised shares to cover costs/liabilities; the filing shows shares withheld specifically for taxes. Such transactions are generally routine liquidity events and do not by themselves signal a change in insider conviction. This is not a 10% owner filing.