Rasmussen Trangsrud Teresa J 4
4 · FULLER H B CO · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) Director Teresa J. Rasmussen Receives Award
What Happened
Teresa J. Rasmussen Trangsrud, a director of FULLER H B CO (FUL), was granted 1,029.96 stock units on 2026-05-29 at an implied per‑share value of $64.08, totaling roughly $66,000. The filing reports this as an award/acquisition (derivative units), not an open‑market purchase or sale — these are compensation-related units rather than a direct share buy.
Key Details
- Transaction date: 2026-05-29; filing date: 2026-06-02 (filed on the SEC Form 4).
- Units granted: 1,029.96 units at $64.08 per share (total value ≈ $66,000). Transaction code: A (award/grant).
- Shares owned after transaction: not specified in the provided excerpt.
- Notable footnotes from the filing:
- F1: amount includes shares acquired via a dividend reinvestment plan.
- F2: units convert to common stock on a 1-for-1 basis.
- F3: conversion to shares occurs upon retirement, death, disability, or certain specified events, subject to holding periods.
- F4: includes stock units from a dividend equivalent feature of the Directors' Deferred Compensation Plan.
- Timeliness: filing date is within the normal 2 business‑day window for Form 4 following a 2026-05-29 transaction (filed 2026-06-02).
Context
Director awards like this are typically compensation (deferred stock units or similar) and convert to actual shares under plan rules or upon certain events; they do not reflect an open‑market purchase or sale decision. The grant size (~$66k) is modest for director compensation and should be viewed as routine pay rather than an explicit market signal.
Insider Transaction Report
- Award
Stock Units
[F2][F3][F4]2026-05-29$64.08/sh+1,029.96$66,000→ 21,955.71 totalExercise: $0.00→ Common Stock (1,029.96 underlying)
- 3,391.433
Common Stock
[F1]
Footnotes (4)
- [F1]Amount includes shares acquired pursuant to a dividend reinvestment plan.
- [F2]These units convert into shares of common stock on a 1-for-1 basis.
- [F3]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.
- [F4]This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.