Weaver Nathan D. 4
Research Summary
AI-generated summary
FULLER H B (FUL) EVP Nathan Weaver Exercises Options, Sells Shares
What Happened
- Nathan D. Weaver, Executive Vice President, Business Transformation at Fuller H. B. Co., exercised stock options on 2026-01-27 to acquire 870 shares at $59.81 per share (gross value $52,035).
- The filing also shows 268 shares withheld to cover taxes related to the issuance (value $16,029; footnote F1) and a separate disposition of 870 derivative shares at the same $59.81 price. The pattern indicates an exercise followed by shares being sold (a cashless exercise or immediate sale) and tax withholding.
Key Details
- Transaction date: January 27, 2026. Filing date / accession: January 29, 2026 (Form 4 accession 0001225208-26-001042).
- Prices: $59.81 per share for all reported items.
- Counts & values reported: 870 shares acquired via option exercise (M) — $52,035; 268 shares disposed for tax withholding (F) — $16,029; 870 shares disposed (M) — $52,035.
- Footnote F1: confirms 268 shares were withheld to satisfy tax withholding on the 870 shares issued.
- Shares owned after transaction: not specified in the provided summary (check the full Form 4 for post-transaction holdings).
- Timeliness: Transaction on 1/27/2026 filed on 1/29/2026 — appears to be within the typical 2-business-day Form 4 reporting window.
Context
- Code M = exercise or conversion of a derivative/security right (stock option). The filing shows both acquisition (exercise) and disposition (sale) entries at the same price, which commonly reflects a cashless exercise or immediate sale to cover exercise cost and/or taxes.
- These types of option exercises with immediate sales are routine and do not necessarily indicate a change in the insider’s view of the company. For exact post-transaction ownership and any additional plan details, review the full Form 4 filing.