FULLER H B Co (FUL) EVP Nathan Weaver Exercises Options, Sells 9,561 Shares

What Happened

• Nathan D. Weaver, Executive Vice President, Business Transformation at Fuller H. B. Co. (FUL), exercised stock options covering 9,561 shares on 2026-08-11 (two lots: 4,976 shares at $50.10 and 4,585 shares at $53.57).
• He acquired those shares by exercising options for a total cost of $494,916 (4,976 x $50.10 = $249,298; 4,585 x $53.57 = $245,618) and then sold the 9,561 shares in an open-market transaction at a weighted average price of $62.06 for total proceeds of $593,332.
• Net proceeds from the combined transactions were approximately $98,416 (proceeds minus option exercise cost). The filing shows the exercised options were disposed of as part of the transactions (i.e., shares were sold after exercise).

Key Details

• Transaction date: 2026-08-11; Form 4 filed 2026-08-12 (timely).
• Option exercises: 4,976 shares @ $50.10 ($249,298) and 4,585 shares @ $53.57 ($245,618).
• Open-market sale: 9,561 shares @ weighted avg $62.06 for $593,332. (Footnote F1: sale prices ranged from $61.8950 to $62.2950.)
• Filing notes the options were 100% vested (Footnote F3).
• Shares owned after the transactions: not specified in the excerpt of the filing provided.

Context

• This sequence (exercise of options followed by immediate sale of the resulting shares) is a common pattern often used to cover exercise costs and taxes; it effectively functions like a cashless exercise. The filing records both the option exercise (derivative acquisition) and the subsequent sale (disposition of the resulting shares).
• The transactions are factual disclosures and do not, by themselves, indicate company performance or the insider’s future views.