Form 4: Exponent Inc. CEO Catherine Corrigan Reports Stock Transactions
SEC Form 4 Filing
Catherine Corrigan, President & CEO of Exponent Inc., reports the conversion of restricted stock units and disposition of shares to cover tax obligations.
Summary
- On March 12, 2025, Catherine Corrigan, President & CEO of Exponent Inc., executed transactions involving Exponent's common stock.
- Corrigan converted 8,090 restricted stock units into common stock on a 1:1 basis.
- She also disposed of 3,625 shares of common stock at a price of $82.33 to satisfy tax withholding obligations.
- Following these transactions, Corrigan directly owns 81,342 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions are part of normal executive compensation. Therefore, the sentiment is neutral.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/12/2021 | Date of grant for the Restricted Stock Units that were converted. |
| 03/12/2025 | Date of transaction: conversion of restricted stock units and disposition of shares for tax obligations. |
| 03/14/2025 | Date of report filing. |
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