Lauber Charles T 4
Research Summary
AI-generated summary
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.