Rasmussen Trangsrud Teresa J 4
Research Summary
AI-generated summary
FUL Director Teresa Rasmussen Trangsrud Receives 1,000-Share Award
What Happened
Teresa Rasmussen Trangsrud, a director of Fuller H.B. Co. (ticker: FUL), was granted/acquired 1,000 shares on April 17, 2026 at an effective price of $65.83 per share, for a total value of $65,830. The Form 4 reports this as an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-17; Filing date: 2026-04-20.
- Transaction: Award/Acquisition of 1,000 shares at $65.83 each; total value $65,830.
- Shares owned after transaction: not specified in the filing.
- Footnotes in the filing indicate:
- F1: Some shares may have been acquired via a dividend reinvestment plan.
- F2: Units referenced convert into common shares on a 1-for-1 basis.
- F3: Certain units convert to shares upon retirement, death, disability or specified events and may be subject to holding periods.
- F4: Amount includes stock units acquired under a directors’ deferred compensation plan as dividend equivalents.
- No indication in the filing that shares were immediately sold or that this was part of a 10b5-1 plan.
Context
This was a director compensation award (common for board members) rather than a market buy or sale. Awards and deferred-compensation stock units are typically part of routine pay and may vest or convert into shares over time according to the plan terms (see footnotes). Such grants provide information on how the company compensates insiders but do not by themselves signal immediate insider buying or selling intent.