HANDLEY THOMAS W 4
Research Summary
AI-generated summary
FULLER H B CO (FUL) Director Thomas W. Handley Receives Award
What Happened
- Thomas W. Handley, a director of FULLER H B CO (FUL), was granted 536.44 derivative stock units on May 29, 2026. The units are reported at an exercise/acquisition price of $64.08 per unit, representing a reported value of about $34,375. The filing characterizes the transaction as an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-02.
- Transaction type/code: Award/Grant (A); 536.44 units @ $64.08; reported value ≈ $34,375.
- Nature of award: derivative stock units (convert into common shares 1-for-1 per footnote F1).
- Shares owned after transaction: not specified in this Form 4 filing.
- Relevant footnotes from the filing:
- F1: Units convert into common shares on a 1-for-1 basis.
- F2: Units convert upon retirement, death, disability, or certain specified events and are subject to required holding periods.
- F3: Amount includes stock units acquired as dividend equivalents under the Directors' Deferred Compensation Plan.
Context
- These are derivative stock units granted to a director under a deferred compensation/stock unit plan, not an immediate open-market purchase. Such awards typically vest or convert under plan rules (see F2) and may include dividend equivalents (F3). Awards are routine director compensation and do not by themselves indicate a director's intent to buy or sell underlying shares.