Form 4: Exponent Inc. Director Carol Lindstrom Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Carol Lindstrom reports acquiring 1,525 restricted stock units in Exponent Inc.
Summary
- On June 6, 2024, Carol Lindstrom, a director of Exponent Inc. (EXPO), acquired 1,525 restricted stock units.
- These restricted stock units will cliff-vest on the day prior to the company's next annual shareholder meeting.
- The reporting person directly owns 1,525 derivative securities following the reported transaction.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock units will cliff-vest on the day prior to the company's next annual shareholder meeting.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction: Carol Lindstrom acquired 1,525 restricted stock units. |
| 06/10/2024 | Date of report filing. |
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