FULLER H B CO·4

Jul 16, 4:18 PM ET

Lauber Charles T 4

Research Summary

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Updated

FULLER H B (FUL) Director Charles Lauber Receives $165K Stock Award

What Happened

  • Charles T. Lauber, a director of FULLER H B CO (FUL), was granted 2,894.74 stock units (transaction code A) on 2026-07-15 at a reference price of $57.00, a grant with a reported aggregate value of $165,000. This was an award/award-acquisition of derivative units rather than an open-market purchase.

Key Details

  • Transaction date and price: 2026-07-15 at $57.00 per unit (aggregate $165,000).
  • Security type: Stock units (derivative) that convert into common shares on a 1-for-1 basis (see F1).
  • Conversion/vesting conditions: Units will convert into shares upon retirement, death, disability or certain specified events as defined in the plan, and are subject to any holding periods required by law (see F2).
  • Dividend equivalents: The reported amount includes units acquired pursuant to a dividend-equivalent feature of the Directors' Deferred Compensation Plan (see F3).
  • Shares owned after transaction: Not reported in the provided filing details.
  • Filing timeliness: Report filed 2026-07-16 for a 2026-07-15 transaction — appears timely.

Context

  • This is a non-cash director compensation award (derivative units) rather than a market purchase or sale; such awards are routine for board members and reflect compensation, not an immediate market bet. The units will convert to common shares only under specified conditions and may carry holding restrictions.