Form 4: H.B. Fuller Director Charles T. Lauber Reports Stock Unit Acquisition

Director Charles T. Lauber reported the acquisition of stock units and restricted stock units in H.B. Fuller Co.

Summary

• Charles T. Lauber, a director of H.B. Fuller Co., filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the acquisition of 345.35 stock units on May 31, 2024, which convert into common stock on a 1-for-1 basis.
• These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.
• The director also owns 2,798.95 shares of common stock, including stock units acquired through a dividend equivalent feature.
• Additionally, Lauber holds 1,322.601 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 on January 24, 2026.
• The filing was signed by Debra L. Hovland, Attorney-in-Fact, on June 3, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director's holdings.

Key Dates