Form 4: H.B. Fuller Director Charles T. Lauber Reports Stock Unit Acquisition and Disposal
SEC Form 4 Filing
Director Charles T. Lauber reports acquisition and disposal 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.
- On July 16, 2024, Lauber acquired 1,740.75 stock units that convert into shares of common stock on a 1-for-1 basis.
- These units will be converted into common stock upon retirement, death, disability, or certain specified events, subject to holding periods required by law.
- The price per stock unit was $86.17.
- Lauber also disposed of 4,539.7 stock units.
- Lauber also disposed of 1,322.601 restricted stock units on January 24, 2026.
- Following these transactions, Lauber beneficially owns 1,322.601 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or forecasts.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 07/16/2024 | Date of stock unit acquisition. |
| 01/24/2026 | Date of restricted stock unit disposal. |
| 07/18/2024 | Date of Form 4 filing. |
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