Form 4: Exponent Inc. Director Debra Zumwalt Reports Stock Transactions
SEC Form 4 Filing
Director Debra Zumwalt reports the conversion of restricted stock units into common stock and subsequent disposal of shares.
Summary
- On June 5, 2024, Debra Zumwalt, a director of Exponent Inc., converted 1,506 restricted stock units into an equal number of common stock shares.
- Following the conversion, Zumwalt disposed of 1,506 shares.
- After the reported transactions, Zumwalt beneficially owns 28,609 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend within the scientific and engineering consulting services industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/08/2023 | Date of grant for the vested Restricted Stock Units |
| 06/05/2024 | Date of transaction: conversion of restricted stock units and disposal of shares. |
| 06/06/2024 | Date of report signature. |
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