Magalhaes Joao 4
4 · FULLER H B CO · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) Sr. VP Joao Magalhaes Exercises Options
What Happened
- Joao Magalhaes, Senior Vice President, Engineering Adhesives, exercised stock options on Feb 4, 2026. He exercised options covering 519 shares at an exercise price/value of $63.06 per share (gross value ~$32,728).
- To satisfy tax withholding related to the exercise, 245 of those shares were withheld (disposed) valued at ~$15,450, leaving a net of 274 shares delivered to him (net value ≈ $17,278). The filing shows the exercise (derivative conversion) and the withholding rather than an open-market sale.
Key Details
- Transaction date: 2026-02-04. Exercise price / reported price: $63.06 per share.
- Shares exercised (acquired): 519; shares withheld for taxes (disposed): 245; net shares received: 274.
- Dollar amounts: gross value ~ $32,728; tax withholding ~ $15,450; net value ≈ $17,278.
- Footnotes: the filing indicates the option exercised is 100% vested (footnote F4). Other footnotes listed (F1–F3, F5) describe RSU conversions and vesting schedules but are not directly relevant to this particular option exercise.
- Timeliness: Report filed on 2026-02-04 for a 2026-02-04 transaction — no late filing indicated.
Context
- The transaction code M denotes an option exercise/derivative conversion; code F denotes payment of exercise price or tax liability. Withholding of 245 shares means this was effectively a net-share (cashless) settlement to cover taxes rather than a separate open-market sale.
- Exercises and withholding are common for option-based compensation and do not by themselves indicate a change in insider sentiment; purchases are generally a stronger bullish signal.
Insider Transaction Report
Form 4
Magalhaes Joao
Sr. VP, Engineering Adhesives
Transactions
- Exercise/Conversion
Common Stock
2026-02-04$63.06/sh+519$32,728→ 4,110 total - Tax Payment
Common Stock
2026-02-04$63.06/sh−245$15,450→ 3,865 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-02-04$63.06/sh−519$32,728→ 1,055.78 totalExercise: $0.00From: 2026-02-04Exp: 2028-02-04→ Common Stock (519 underlying)
Holdings
- 3,021
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (3,021 underlying) - 2,850
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (2,850 underlying) - 1,658
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (1,658 underlying) - 2,952
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (2,952 underlying) - 1,681
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (1,681 underlying) - 12,647
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (12,647 underlying) - 8,853
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $61.30From: 2026-02-04Exp: 2035-02-04→ Common Stock (8,853 underlying) - 2,231
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (2,231 underlying) - 1,882
Employee Stock Option (Right-to-Buy)
[F4]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (1,882 underlying) - 2,627
Employee Stock Option (Right-to-Buy)
[F5]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (2,627 underlying) - 154.74
Restricted Stock Units
[F1][F2][F3]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (154.74 underlying) - 1,865
Restricted Stock Units
[F1][F2]Exercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (1,865 underlying)
Footnotes (5)
- [F1]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F2]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F3]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- [F4]This option is 100% vested.
- [F5]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
Signature
/s/ Patrick J. Seul, Attorney-in-Fact|2026-02-04