Form 4: H.B. Fuller Exec Acquires Phantom Units
Insider Transaction Report
H.B. Fuller's Sr. VP of International Growth, Heather Campe, reported the acquisition of 32.57 phantom units.
Summary
- Heather Campe, Sr. VP, International Growth at H.B. Fuller Co. (FUL), reported changes in her beneficial ownership.
- Acquired 32.57 phantom units on February 13, 2026, when the underlying common stock was valued at $67.49 per unit.
- These phantom units convert into common stock on a 1-for-1 basis upon the earlier of certain termination events or participant selection, subject to holding periods.
- Following this transaction, Ms. Campe beneficially owns 5,366.47 phantom units, which includes units acquired through a dividend equivalent feature.
- Ms. Campe also holds 24,653.0782 shares of common stock directly, including shares from a dividend reinvestment plan.
- The filing details various existing employee stock options and restricted stock units held by Ms. Campe, with varying vesting schedules and expiration dates.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as an insider is increasing their stake in the company, indicating confidence.
Positives
- An insider, Sr. VP of International Growth Heather Campe, increased her beneficial ownership of the company through the acquisition of phantom units, reflecting the value of the underlying common stock at $67.49 per unit.
- The acquisition of phantom units, which convert to common stock, aligns management's interests with shareholders.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider acquisitions, even of phantom units, can signal management's confidence in the company's future performance, especially for a senior executive in international growth.
Stakeholder Impact
- Shareholders may view the insider acquisition as a positive sign of management confidence in the company's future prospects.
- Employees, particularly other executives, may see this as a standard part of their compensation structure.
Key Dates
| Date | Description |
|---|---|
| 01/25/2019 | Grant date for employee stock option with $53.57 exercise price, 100% vested, expiring 01/25/2028. |
| 01/27/2022 | Grant date for employee stock option with $51.89 exercise price, 100% vested, expiring 01/27/2031. |
| 01/24/2023 | Grant date for employee stock option with $72.94 exercise price, 100% vested, expiring 01/24/2032. |
| 01/24/2024 | Grant date for employee stock option with $68.17 exercise price, 100% vested, expiring 01/24/2033. |
| 01/26/2025 | First vesting installment date for employee stock option with $77.72 exercise price, expiring 01/26/2034. Also, first vesting installment date for 580.73 Restricted Stock Units, expiring 01/26/2027. |
| 02/13/2026 | Acquisition date of 32.57 phantom units by Heather Campe. |
| 01/27/2026 | First vesting installment date for employee stock option with $64.28 exercise price, expiring 01/27/2035. Also, first vesting installment date for 1,292.21 Restricted Stock Units, expiring 01/27/2028. |
| 02/17/2026 | Signature date of the reporting person's attorney-in-fact for the filing. |
| 01/26/2027 | First vesting installment date for employee stock option with $59.81 exercise price, expiring 01/26/2036. Also, first vesting installment date for 2,238 Restricted Stock Units, expiring 01/26/2029. |
Recommendation
holdThe acquisition of phantom units by a senior executive is a positive indicator of internal confidence. However, this single transaction, while aligning executive interests, is not substantial enough on its own to warrant a 'buy' recommendation, but it supports maintaining a 'hold' position for existing investors.
Keywords
H.B. Fuller, FUL, Insider Trading, Form 4, Beneficial Ownership, Phantom Units, Executive Compensation, Heather Campe
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