Magalhaes Joao 4

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.