Form 4: H.B. Fuller Executive Acquires Phantom Units
Insider Transaction Report
H.B. Fuller's Sr. VP, International Growth, Heather Campe, reported the acquisition of 41.06 phantom units, increasing her beneficial ownership.
Summary
- Heather Campe, Sr. VP, International Growth at H.B. Fuller Co. (FUL), reported changes in beneficial ownership via a Form 4 filing.
- On March 13, 2026, Campe acquired 41.06 phantom units, which convert into common stock on a 1-for-1 basis.
- These phantom units were valued at $54.26 per unit at the time of acquisition.
- Following this transaction, Campe beneficially owns a total of 5,460.64 phantom units.
- The filing also details existing holdings, including 24,653.0782 shares of common stock (which includes shares acquired via a dividend reinvestment plan), and various employee stock options and restricted stock units with different vesting and expiration dates.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine disclosure of an executive equity award, which is a standard part of compensation and does not inherently signal a positive or negative shift in company fundamentals or outlook.
Positives
- The acquisition of phantom units indicates continued participation in the company's equity incentive plans, aligning executive interests with shareholder value.
- Phantom units convert to common stock on a 1-for-1 basis, directly linking executive compensation to the company's stock performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that executive equity awards, such as phantom units, stock options, and restricted stock units, are standard components of executive compensation packages across various industries. These are designed to align management incentives with long-term shareholder value creation and are routinely disclosed in Form 4 filings.
Comparison to Industry Standards
- The use of phantom units, stock options, and restricted stock units aligns with common executive compensation practices seen in peer companies within the specialty chemicals and materials sector, such as PPG Industries (PPG) or Sherwin-Williams (SHW).
- The vesting schedules (e.g., three annual installments) and expiration dates for options are typical for long-term incentive plans in publicly traded companies, reflecting standard industry benchmarks for executive equity compensation.
Stakeholder Impact
- Shareholders: The acquisition of phantom units by a senior executive aligns her interests with shareholders, as the value of these units is tied to the company's stock performance.
- Employees: This filing reflects standard executive compensation practices, which can influence overall compensation strategies within the company.
Next Steps
- Phantom units will convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or an earlier date selected by the participant, subject to holding periods.
- Restricted stock units will vest in three annual installments beginning on their respective grant dates.
- Employee stock options will become exercisable according to their specified vesting schedules.
Key Dates
| Date | Description |
|---|---|
| 01/25/2019 | Grant date for Employee Stock Option (Right-to-Buy) with a $53.57 exercise price, vesting in three annual installments, expiring 01/25/2028. |
| 01/27/2022 | Grant date for Employee Stock Option (Right-to-Buy) with a $51.89 exercise price, 100% vested, expiring 01/27/2031. |
| 01/24/2023 | Grant date for Employee Stock Option (Right-to-Buy) with a $72.94 exercise price, 100% vested, expiring 01/24/2032. |
| 01/24/2024 | Grant date for Employee Stock Option (Right-to-Buy) with a $68.17 exercise price, 100% vested, expiring 01/24/2033. |
| 01/26/2025 | Grant date for Employee Stock Option (Right-to-Buy) with a $77.72 exercise price, vesting in three annual installments, expiring 01/26/2034. |
| 01/26/2025 | Grant date for Restricted Stock Units, vesting in three annual installments, expiring 01/26/2027. |
| 01/27/2026 | Grant date for Employee Stock Option (Right-to-Buy) with a $64.28 exercise price, vesting in three annual installments, expiring 01/27/2035. |
| 01/27/2026 | Grant date for Restricted Stock Units, vesting in three annual installments, expiring 01/27/2028. |
| 03/13/2026 | Acquisition date of 41.06 phantom units by Heather Campe. |
| 03/16/2026 | Signature date of the reporting person's attorney-in-fact for the Form 4 filing. |
| 01/26/2027 | Grant date for Employee Stock Option (Right-to-Buy) with a $59.81 exercise price, vesting in three annual installments, expiring 01/26/2036. |
| 01/26/2027 | Restricted Stock Units vest in three annual installments, expiring 01/26/2029. |
Keywords
H.B. Fuller, FUL, Heather Campe, Form 4, Insider Transaction, Phantom Units, Stock Options, Restricted Stock Units, Beneficial Ownership, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.