Lauber Charles T 4
4 · FULLER H B CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Fuller H B Co Director Charles T. Lauber Receives 147 Share Award
What Happened
Charles T. Lauber, a director of Fuller H. B. Co. (FUL), received a grant/award of 147.14 derivative stock units on February 27, 2026. The units are recorded at an equivalent price of $65.72 per share, with a total reported value of approximately $9,670. This was an award/acquisition (code “A”) of derivative units rather than an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-02-27; 147.14 units @ $65.72 each (total ≈ $9,670).
- Security type: Derivative stock units that convert into common shares on a 1-for-1 basis (see F1).
- Shares owned after transaction: Not reported in the supplied filing details.
- Footnotes: F1 = units convert 1-for-1 into common stock; F2 = conversion tied to retirement, death, disability, or specified events and subject to holding periods; F3 = includes units from a dividend equivalent feature of the Directors' Deferred Compensation Plan.
- Filing timeliness: Form 4 filed 2026-03-02 for a 2026-02-27 transaction; filing was made within the normal reporting window.
Context
This was a director compensation award (deferred/derivative stock units), common in board pay arrangements. These units convert to shares under the plan’s conditions and include dividend equivalents; they are not an immediate open‑market trade and do not by themselves indicate the director buying or selling stock in the market.
Insider Transaction Report
- Award
Stock Units
[F1][F2][F3]2026-02-27$65.72/sh+147.14$9,670→ 10,179.79 totalExercise: $0.00→ Common Stock (147.14 underlying)
- 1,351
Common Stock
Footnotes (3)
- [F1]These units convert into shares of common stock on a 1-for-1 basis.
- [F2]These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.
- [F3]This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.