H.B. Fuller director Michael Happe buys $99,250 in shares

In a recent transaction, H.B. Fuller Co. director Michael J. Happe acquired 2,000 shares of the company's common stock on September 29, 2026. This purchase, disclosed to the Securities and Exchange Commission, was valued at $99,250, with each share priced at $49.625. As a result of this acquisition, Happe's direct beneficial ownership of H.B.

Fuller common stock increased to 3,343 shares. In addition to the shares, Happe also holds 18,329.43 stock units, which can be converted into common stock on a one-for-one basis upon retirement, death, disability, or certain specified events as outlined in the relevant plan. These stock units, including those acquired through a dividend equivalent feature of the Directors’ Deferred Compensation Plan, comprise a significant portion of Happe's overall stake in the company.

Recently, H.B. Fuller reported its third-quarter financial results for 2026, surpassing analysts' expectations with adjusted earnings per share (EPS) of $1.52, compared to the forecasted $1.47 per share. However, the company's revenue fell short of forecasts, amounting to $938 million against the anticipated $948.25 million. In the earnings call, H.B.

Fuller attributed the earnings improvement to pricing actions and cost controls, while noting softer sales and cautious demand trends. Analysts have also adjusted their price targets for the company, with Baird lowering its price target from $75 to $65, maintaining an Outperform rating, based on an earnings per share estimate of $5.20 for fiscal 2027.

These developments highlight ongoing assessments of H.B. Fuller's financial outlook and market performance.