Form 4: H.B. Fuller Director Teresa J. Rasmussen Reports Acquisition of Stock Units

Director Teresa J. Rasmussen reported the acquisition of stock units in H.B. Fuller Co. on February 28, 2025.

Summary

• On February 28, 2025, Teresa J. Rasmussen, a director of H.B. Fuller Co., acquired 726.19 stock units.
• These stock units convert into shares of common stock on a 1-for-1 basis.
• The price of the derivative security (stock units) is $56.74.
• 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.
• Following the reported transaction, Rasmussen beneficially owns 13,669.57 derivative securities (stock units).
• Rasmussen also directly owns 2,343 shares of H.B. Fuller common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a director's acquisition of stock units, which is a common form of compensation in publicly traded companies.

Stakeholder Impact

• The acquisition of stock units by a director can be seen as a positive sign by shareholders, indicating alignment of interests between management and shareholders.

Key Dates