FUL.NYSEFuller H B CO
Form 4: H.B. Fuller Executive Campe Acquires Stock Options and Restricted Stock Units
Sentiment:
SEC Form 4 Filing
Heather Campe, Sr. VP of International Growth at H.B. Fuller, reports acquisition of stock options and restricted stock units, along with adjustments to existing holdings.
Summary
- Heather Campe, a Senior Vice President at H.B. Fuller, filed a Form 4 detailing changes in her beneficial ownership of the company's securities.
- The reported transactions include the acquisition of employee stock options and restricted stock units.
- Campe acquired 10,831 employee stock options with an exercise price of $64.28, vesting in three annual installments starting January 27, 2026, and expiring on January 27, 2035.
- She also acquired 1,896 restricted stock units, converting to common stock on a 1-for-1 basis, vesting in three annual installments starting January 27, 2026, and expiring on January 27, 2028.
- The report also reflects adjustments to existing holdings of common stock, employee stock options, and restricted stock units, including those acquired through dividend reinvestment and dividend equivalent reinvestment plans.
- As of the transaction date, Campe directly owns 22,316.23 shares of common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The sentiment is neutral, reflecting standard executive compensation practices.
Positives
- The acquisition of stock options and restricted stock units by a senior executive can be seen as a positive sign, indicating confidence in the company's future performance.
- The vesting schedules of the options and restricted stock units incentivize long-term commitment from the executive.
Industry Context
Executive compensation through stock options and restricted stock units is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The reported transactions may have a minor positive impact on shareholder sentiment, reflecting executive confidence.
- Employees may view the executive's stock ownership as a positive sign for the company's future.
Key Dates
| Date | Description |
|---|---|
| 01/25/2019 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $53.57, expiring on 01/25/2028. |
| 01/27/2022 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $51.89, expiring on 01/27/2031. |
| 01/24/2023 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $72.94, expiring on 01/24/2032. |
| 01/24/2024 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $68.17, expiring on 01/24/2033. |
| 01/24/2024 | Date of Restricted Stock Units grant, vesting in three annual installments (33%, 33%, and 34%) beginning on the date shown and expiring on 01/24/2026. |
| 01/26/2025 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $77.72, expiring on 01/26/2034. |
| 01/26/2025 | Date of Restricted Stock Units grant, vesting in three annual installments (33%, 33%, and 34%) beginning on the date shown and expiring on 01/26/2027. |
| 01/27/2025 | Date of Earliest Transaction. |
| 01/27/2025 | Date of Employee Stock Option (Right-to-Buy) grant with an exercise price of $64.28, vesting in three annual installments (33%, 33%, and 34%) beginning on the date shown and expiring on 01/27/2035. |
| 01/27/2025 | Date of Restricted Stock Units grant, vesting in three annual installments (33%, 33%, and 34%) beginning on the date shown and expiring on 01/27/2028. |
| 01/29/2025 | Date of signature for the Form 4 filing. |
| 01/24/2026 | First vesting date for Restricted Stock Units granted on 01/24/2024. |
| 01/26/2026 | First vesting date for Employee Stock Option (Right-to-Buy) granted on 01/26/2025. |
| 01/26/2026 | First vesting date for Restricted Stock Units granted on 01/26/2025. |
| 01/27/2026 | First vesting date for Employee Stock Option (Right-to-Buy) granted on 01/27/2025. |
| 01/27/2026 | First vesting date for Restricted Stock Units granted on 01/27/2025. |
| 01/25/2028 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/25/2019. |
| 01/27/2028 | Expiration date for Restricted Stock Units granted on 01/27/2025. |
| 01/27/2031 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/27/2022. |
| 01/24/2032 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/24/2023. |
| 01/24/2033 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/24/2024. |
| 01/26/2034 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/26/2025. |
| 01/27/2035 | Expiration date for Employee Stock Option (Right-to-Buy) granted on 01/27/2025. |
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