Form 4: H.B. Fuller Director Charles T. Lauber Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Charles T. Lauber reported the acquisition of stock units and restricted stock units in H.B. Fuller Co. on February 28, 2025.
Summary
- Charles T. Lauber, a director of H.B. Fuller Co., filed a Form 4 on March 3, 2025, reporting changes in beneficial ownership.
- On February 28, 2025, Lauber acquired 484.67 stock units at a price of $56.74.
- These stock units convert into shares of common stock on a 1-for-1 basis upon retirement, death, disability, or certain specified events, subject to holding periods required by law.
- Lauber also owns 5,750.39 shares of common stock, which includes stock units acquired through a dividend equivalent feature of the Directors' Deferred Compensation Plan.
- Additionally, Lauber owns 1,335.291 restricted stock units, which also convert into common stock on a 1-for-1 basis and include units acquired through a dividend equivalent feature.
- These restricted stock units are exercisable and expire on January 24, 2026.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
- The transaction has no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Acquisition of stock units and restricted stock units. |
| 03/03/2025 | Date of Form 4 filing. |
| 01/24/2026 | Expiration date for restricted stock units. |
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