FULLER H B CO·4

Jun 2, 10:25 AM ET

Rasmussen Trangsrud Teresa J 4

Research Summary

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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.