Magalhaes Joao 4
4 · FULLER H B CO · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) Sr. VP Joao Magalhaes Exercises Options $83K
What Happened
Joao Magalhaes, Senior Vice President, Engineering Adhesives at FULLER H B, exercised stock options covering 1,658 shares at an exercise price of $50.10 on July 9, 2026 (total intrinsic amount shown $83,066). The filing also shows the same 1,658 shares were disposed the same day, which indicates the shares were sold or otherwise transferred immediately after exercise (commonly a cashless exercise or sale-to-cover).
Key Details
- Transaction date: 2026-07-09; filing date: 2026-07-10 (timely filing).
- Exercise price / reported value: $50.10 per share; total reported value $83,066.
- Entries: one acquisition (exercise, code M) for 1,658 shares and one simultaneous disposition of 1,658 shares (derivative).
- Shares owned after transaction: not provided in the supplied data.
- Footnotes: filing includes F1–F5; F1 indicates the option exercised was 100% vested. No 10b5-1 plan or tax-withholding detail was noted in the provided summary.
- This was an option exercise followed by an immediate disposition (not an open-market buy).
Context
For retail investors: exercising options and immediately selling the resulting shares is common for employees to cover exercise costs or tax withholding and does not necessarily signal a buy/sell opinion on the stock. Purchases are generally more informative about insider sentiment than exercises followed by sales. The filing shows routine option exercise and same-day disposition rather than a fresh purchase of shares.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-07-09$50.10/sh+1,658$83,066→ 5,523 total - Exercise/Conversion
Employee Stock Option (Right-to-Buy)
[F1]2026-07-09$50.10/sh−1,658$83,066→ 0 totalExercise: $50.10From: 2018-01-26Exp: 2027-01-26→ Common Stock (1,658 underlying)
- 3,021
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $45.05From: 2020-01-24Exp: 2029-01-24→ Common Stock (3,021 underlying) - 2,850
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $48.35From: 2021-01-24Exp: 2030-01-24→ Common Stock (2,850 underlying) - 2,952
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $51.89From: 2022-01-27Exp: 2031-01-27→ Common Stock (2,952 underlying) - 1,681
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $53.57From: 2019-01-25Exp: 2028-01-25→ Common Stock (1,681 underlying) - 12,647
Employee Stock Option (Right-to-Buy)
[F2]Exercise: $59.81From: 2027-01-26Exp: 2036-01-26→ Common Stock (12,647 underlying) - 8,853
Employee Stock Option (Right-to-Buy)
[F2]Exercise: $61.30From: 2026-02-04Exp: 2035-02-04→ Common Stock (8,853 underlying) - 2,231
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $68.17From: 2024-01-24Exp: 2033-01-24→ Common Stock (2,231 underlying) - 1,882
Employee Stock Option (Right-to-Buy)
[F1]Exercise: $72.94From: 2023-01-24Exp: 2032-01-24→ Common Stock (1,882 underlying) - 2,627
Employee Stock Option (Right-to-Buy)
[F2]Exercise: $77.72From: 2025-01-26Exp: 2034-01-26→ Common Stock (2,627 underlying) - 155.94
Restricted Stock Units
[F3][F4][F5]Exercise: $0.00From: 2025-01-26Exp: 2027-01-26→ Common Stock (155.94 underlying) - 1,879.4
Restricted Stock Units
[F3][F4][F5]Exercise: $0.00From: 2027-01-26Exp: 2029-01-26→ Common Stock (1,879.4 underlying) - 1,063.93
Restricted Stock Units
[F3][F4][F5]Exercise: $0.00From: 2026-02-04Exp: 2028-02-04→ Common Stock (1,063.93 underlying)
Footnotes (5)
- [F1]This option is 100% vested.
- [F2]This option vests in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F3]These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- [F4]These restricted stock units vest in three annual installments (33%, 33%, and 34%) beginning on the date shown.
- [F5]Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.