Form 4: H.B. Fuller Director Michael J. Happe Reports Acquisition of Stock Units

Director Michael J. Happe reports the acquisition of stock units convertible to common stock in H.B. Fuller Co.

Summary

• On February 28, 2025, Michael J. Happe, a director of H.B. Fuller Co., acquired 323.11 stock units.
• These 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.
• The price of the derivative security is $56.74.
• Following the reported transaction, Happe beneficially owns 9,623.74 derivative securities.
• Happe also directly owns 1,343 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a transaction by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.

Future Outlook

The stock 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.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of individuals with privileged information.

Stakeholder Impact

• The transaction provides shareholders with insight into the actions of a company director.

Key Dates