Corkrean John J 4
Research Summary
AI-generated summary
FULLER H B CO (FUL) CFO John J. Corkrean Receives 200.6-Share Award
What Happened
- John J. Corkrean, Executive Vice President and Chief Financial Officer of FULLER H B CO (FUL), was awarded 200.6 derivative stock units on 2026-04-24. The units are reported at an acquisition price of $62.83 each, with a notional value of about $12,604.
- This was an award/grant (derivative stock units), not an open-market purchase or sale — typically part of compensation, not an immediate cash transaction.
Key Details
- Transaction date: 2026-04-24. Form 4 filed: 2026-04-27 (filed within the normal reporting window).
- Quantity and value: 200.6 units @ $62.83 = ~$12,604.
- Post-transaction holdings: Not specified in the provided filing summary.
- Footnotes: The filing’s footnotes indicate these units convert into common shares on a 1-for-1 basis and can include dividend-equivalent features and potential holding/vesting or deferred-compensation rules. (See F1–F3, F6–F8 in the filing for full details.)
- Transaction type code: A = Award/Grant; reported as a derivative acquisition (not a purchase or sale).
Context
- These units are compensatory awards that convert into shares (derivative restricted stock/stock units); they do not represent an immediate cash sale or a market buy.
- Such awards are common executive compensation and should be viewed as part of pay/retention programs rather than a direct signal of buying or selling intent.