Form 4: Exponent Inc. Director Paul R. Johnston Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Paul R. Johnston exercised stock options and sold 7,000 shares of Exponent Inc. common stock on June 20, 2024, according to a Form 4 filing with the SEC.
Summary
- On June 20, 2024, Paul R. Johnston, a director of Exponent Inc., executed a non-qualified stock option to purchase 7,000 shares of common stock at a price of $29.05 per share.
- Simultaneously, Johnston sold 7,000 shares of Exponent Inc. common stock at a price of $95.3369 per share.
- These transactions were conducted under a pre-arranged 10b5-1 trading plan established on February 2, 2024.
- Following these transactions, Johnston directly owns 80,742 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine insider trading activity under a pre-existing plan. It doesn't inherently suggest positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. Insider transactions are common and are often pre-planned.
Key Dates
| Date | Description |
|---|---|
| 02/02/2024 | Date of entry into 10b5-1 trading plan |
| 02/16/2027 | Expiration date of the stock options |
| 06/20/2024 | Date of stock option exercise and share sale |
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