Form 4: H.B. Fuller Sr. VP Reports Equity Holdings Update
Insider Transaction Report
H.B. Fuller's Senior VP of International Growth, Heather Campe, filed a Form 4 detailing her beneficial ownership of common stock, phantom units, and stock options.
Summary
- Heather Campe, Sr. VP, International Growth at H.B. Fuller Co. (FUL), reported her beneficial ownership of company securities.
- She directly owns 22,316.23 shares of common stock, which includes shares acquired through a dividend reinvestment plan.
- A transaction on September 12, 2025, involved the acquisition of 35.17 phantom units, which convert to common stock on a 1-for-1 basis.
- Following this transaction, she beneficially owns 4,946.25 phantom units, including those from a dividend equivalent feature.
- Her holdings also include various employee stock options with exercise prices ranging from $51.89 to $77.72, totaling 84,479 underlying common shares.
- She holds Restricted Stock Units (RSUs) totaling 3,681.48 units, which convert to common stock on a 1-for-1 basis and include dividend equivalent reinvestment features.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive as an insider is maintaining significant equity holdings and has a small acquisition of phantom units, indicating continued alignment with shareholder interests. No negative transactions (sales) were reported.
Positives
- The reporting person, a Senior VP, maintains significant equity holdings in the company, aligning her interests with shareholders.
- The acquisition of 35.17 phantom units, while small, indicates a continued accumulation of company equity by an insider.
Risks
- The value of stock options and restricted stock units is subject to market fluctuations of H.B. Fuller common stock.
- Unvested stock options and restricted stock units are subject to forfeiture if employment conditions are not met.
- The exercise prices of some stock options may be above the current market price, potentially reducing their intrinsic value.
Future Outlook
The filing primarily reports current and future equity compensation holdings and does not provide a general future outlook for the company.
Industry Context
This filing is a routine disclosure of insider equity holdings and transactions, common across all publicly traded companies, and does not provide specific industry context or trends.
Stakeholder Impact
- Shareholders: The filing provides transparency into an executive's equity ownership, which can be a signal of management's confidence in the company's future.
- Employees: The equity compensation details reflect the company's incentive structure for key executives.
Key Dates
| Date | Description |
|---|---|
| 01/25/2019 | Grant date for employee stock option with $53.57 exercise price, expiring 01/25/2028. |
| 01/27/2022 | Grant date for employee stock option with $51.89 exercise price, expiring 01/27/2031. |
| 01/24/2023 | Grant date for employee stock option with $72.94 exercise price, expiring 01/24/2032. |
| 01/24/2024 | Vesting start date for restricted stock units (623.89 units) and employee stock option (10,730 shares with $68.17 exercise price); expiration date for restricted stock units (623.89 units) is 01/24/2026; expiration date for employee stock option (10,730 shares) is 01/24/2033. |
| 01/26/2025 | Vesting start date for restricted stock units (1,139.13 units) and employee stock option (9,928 shares with $77.72 exercise price); expiration date for restricted stock units (1,139.13 units) is 01/26/2027; expiration date for employee stock option (9,928 shares) is 01/26/2034. |
| 09/12/2025 | Transaction date for the acquisition of 35.17 phantom units. |
| 01/27/2026 | Vesting start date for restricted stock units (1,918.46 units) and employee stock option (10,831 shares with $64.28 exercise price); expiration date for restricted stock units (1,918.46 units) is 01/27/2028; expiration date for employee stock option (10,831 shares) is 01/27/2035. |
| 09/15/2025 | Signature date of the reporting person's attorney-in-fact for the filing. |
Keywords
H.B. Fuller, FUL, Insider Transaction, Form 4, Beneficial Ownership, Stock Options, Restricted Stock Units, Phantom Units, Executive Compensation
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