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FULLER H B CO·4

Mar 2, 3:42 PM ET

FLORNESS DANIEL L 4

Research Summary

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FULLER H B Co (FUL) Director Daniel Florness Receives 335-Unit Award

What Happened

Daniel L. Florness, a director of FULLER H B Co (ticker: FUL), was granted 334.75 deferred stock units on Feb 27, 2026. The filing reports an acquisition-type award (derivative units) valued at $22,000 based on an implied price of $65.72 per share. This was an award/grant of stock units (not an open-market buy or sale).

Key Details

  • Transaction date: February 27, 2026; filing date: March 2, 2026.
  • Grant: 334.75 deferred stock units at an implied $65.72/unit = $22,000 (reported as a derivative award).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnotes:
    • F1: Units convert into common shares on a 1-for-1 basis.
    • F2: Conversion occurs upon retirement, death, disability or certain specified events, and may be subject to statutory holding periods.
    • F3: The amount includes units acquired as dividend equivalents under the Directors' Deferred Compensation Plan.
  • No sale or exercise reported; this is an award/grant (code A).

Context

This transaction is a deferred-compensation award to a director and is typically routine compensation rather than a market purchase or sale. Because these are derivative stock units, they will convert to common shares only under the conditions described in the footnotes (e.g., retirement or other specified events) and are not immediately tradable shares. The filing does not indicate any late-filing flag.