Form 4: H.B. Fuller Executive Campe Reports Acquisition of Phantom Units and Dividend Reinvestment
SEC Form 4 Filing
Heather Campe, Sr. VP of International Growth at H.B. Fuller, reports the acquisition of phantom units and shares through dividend reinvestment.
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 report indicates the acquisition of 25.92 phantom units on August 2, 2024, at a price of $0.00, which convert into common stock.
- Campe also owns 19,741.79 shares of common stock, including shares acquired through a dividend reinvestment plan.
- She holds multiple employee stock options with various exercise prices and expiration dates, as well as restricted stock units that vest annually.
- The filing also notes the acquisition of restricted stock units through a dividend equivalent reinvestment feature.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine transactions by a company insider.
Positives
- The acquisition of phantom units and shares through dividend reinvestment indicates a continued investment in the company by a senior executive.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's value.
Stakeholder Impact
- The filing provides shareholders with information about insider transactions, contributing to transparency.
Key Dates
| Date | Description |
|---|---|
| 01/25/2019 | Employee Stock Option (Right-to-Buy) with an exercise price of $53.57 expires on 01/25/2028 |
| 01/27/2022 | Employee Stock Option (Right-to-Buy) with an exercise price of $51.89 expires on 01/27/2031 |
| 01/24/2023 | Restricted Stock Units vest in three annual installments beginning on this date; Employee Stock Option (Right-to-Buy) with an exercise price of $72.94 expires on 01/24/2032 |
| 01/24/2024 | Restricted Stock Units vest in three annual installments beginning on this date; Employee Stock Option (Right-to-Buy) with an exercise price of $68.17 expires on 01/24/2033 |
| 01/26/2025 | Restricted Stock Units vest in three annual installments beginning on this date; Employee Stock Option (Right-to-Buy) with an exercise price of $77.72 expires on 01/26/2034 |
| 08/02/2024 | Date of earliest transaction; Acquisition of phantom units |
| 08/05/2024 | Date of signature for the Form 4 filing |
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