Kimmelshue Ruth 4

What Happened

Ruth Kimmelshue, a director of Fuller H B Co (FUL), was granted 502.13 deferred stock units on February 27, 2026. The report lists an acquisition value of $33,000 based on a per-unit value of $65.72. The transaction is reported as an award/grant (derivative stock units) rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-27; filing date (Form 4): 2026-03-02 (timely filing).
• Transaction type/code: Award/Grant (A) — derivative stock units.
• Units awarded: 502.13 units at a reported value of $65.72 each, total $33,000.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes from the filing:
  • F1: Units convert into common shares on a 1-for-1 basis.
  • F2: Units convert to shares upon retirement, death, disability, or certain events, subject to statutory holding periods.
  • F3: Amount includes units acquired via a dividend equivalent feature of the Directors' Deferred Compensation Plan.

Context

These were deferred stock units (a form of derivative award under the directors' deferred compensation plan), not a cash purchase. Such awards are typically part of director compensation and may vest or convert to actual shares later under specified conditions; they do not necessarily indicate a director buying or selling shares for investment reasons.