Form 4: Exponent Inc. Director Paul R. Johnston Executes Stock Option and Sells Shares
SEC Form 4 Filing
Exponent Inc. director Paul R. Johnston exercised stock options and sold 7,000 shares of common stock on November 12, 2024.
Summary
- On November 12, 2024, Paul R. Johnston, a director at Exponent Inc., exercised a non-qualified stock option to acquire 7,000 shares of common stock at a price of $37.45 per share.
- Concurrently, Mr. Johnston sold 7,000 shares of Exponent Inc. common stock at a price of $103.8317 per share.
- Following these transactions, Mr. Johnston directly owns 80,742 shares of Exponent Inc. common stock and 14,000 non-qualified stock options.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity, with no inherent positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The transactions are typical for directors who receive stock options as part of their compensation and may sell shares for personal financial management.
Stakeholder Impact
- The transactions may have a minor impact on the stock price, but are generally considered routine insider activity.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of stock option exercise and stock sale. |
| 11/13/2024 | Date of signature on the Form 4. |
| 02/15/2028 | Expiration date of the non-qualified stock option. |
Keywords
stock options, insider trading, Form 4, stock sale, equity securities, Exponent Inc., director
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