Form 4: H.B. Fuller Executive VP Nathan Weaver Reports Stock Transactions
SEC Form 4 Filing
Nathan D. Weaver, Executive VP at H.B. Fuller, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On January 31, 2025, Nathan D. Weaver, Executive VP of Business Transformation at H.B. Fuller Co, engaged in transactions involving the company's stock.
- Weaver acquired 328 shares of common stock at $63.13 per share through the exercise of phantom units.
- 88 shares were withheld for taxes related to the issuance of the 328 shares.
- Following these transactions, Weaver directly owns 6,970 shares of common stock.
- Weaver also holds various employee stock options and restricted stock units with different vesting schedules and expiration dates.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates transactions by an executive, which can be analyzed in conjunction with overall company performance and industry trends.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The vesting schedules and exercise prices of these instruments are generally benchmarked against industry peers to attract and retain talent.
- Companies like 3M, Dow, and DuPont, which operate in similar industries, also utilize stock-based compensation as part of their executive pay.
Stakeholder Impact
- The transactions reported in this form may be of interest to shareholders as they provide insight into the actions of company executives.
- These filings contribute to transparency and accountability in the market.
Key Dates
| Date | Description |
|---|---|
| 01/19/2017 | Date of employee stock option (Right-to-Buy) with an exercise price of $33.38. |
| 01/24/2020 | Date of employee stock option (Right-to-Buy) with an exercise price of $45.05. |
| 04/02/2021 | Date of employee stock option (Right-to-Buy) with an exercise price of $26.66. |
| 01/24/2021 | Date of employee stock option (Right-to-Buy) with an exercise price of $48.35. |
| 01/27/2022 | Date of employee stock option (Right-to-Buy) with an exercise price of $51.89. |
| 01/24/2023 | Date of employee stock option (Right-to-Buy) with an exercise price of $72.94. |
| 01/24/2024 | Date of employee stock option (Right-to-Buy) with an exercise price of $68.17 and restricted stock units vesting in three annual installments. |
| 01/26/2025 | Date of employee stock option (Right-to-Buy) with an exercise price of $77.72 and restricted stock units vesting in three annual installments. |
| 01/31/2025 | Date of transaction: Acquisition of 328 shares of common stock and withholding of 88 shares for taxes. |
| 02/04/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, insider trading, stock options, restricted stock units, common stock, H.B. Fuller, Weaver, FUL
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