Rasmussen Trangsrud Teresa J 4
4 · FULLER H B CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
FULLER H B (FUL) Director Teresa Rasmussen Receives Award
What Happened
Teresa J. Rasmussen Trangsrud, a director of FULLER H B CO (FUL), was granted 1,004.26 director stock units (derivative securities) on February 27, 2026. The units are reported at a per-unit value of $65.72, for a total reported value of approximately $66,000. This was an award/compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-27; filing date: 2026-03-02 (Form 4 accession 0001225208-26-002849).
- Amount: 1,004.26 stock units; per-unit value $65.72; total reported value ~$66,000.
- Security type: Derivative (stock units / deferred compensation units), not immediate common-stock purchase.
- Shares owned after transaction: not specified in the provided filing summary.
- Notable footnotes from the filing:
- Units include shares acquired through dividend reinvestment and dividend-equivalent features (F1, F4).
- Units convert into common shares on a 1-for-1 basis (F2).
- Conversion/vesting occurs upon retirement, death, disability, or certain specified events and may be subject to holding periods required by law (F3).
Context
This grant appears to be routine director compensation (deferred stock units) rather than a market trade. Such awards are common for board members and represent future economic interest in the company; they convert to common shares under plan conditions rather than representing an immediate open-market purchase.
Insider Transaction Report
- Award
Stock Units
[F2][F3][F4]2026-02-27$65.72/sh+1,004.26$66,000→ 20,839.95 totalExercise: $0.00→ Common Stock (1,004.26 underlying)
- 2,386.558
Common Stock
[F1]
Footnotes (4)
- [F1]Amount includes shares acquired pursuant to a dividend reinvestment plan.
- [F2]These units convert into shares of common stock on a 1-for-1 basis.
- [F3]These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.
- [F4]This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.