Form 4: Exponent Inc. Director Paul R. Johnston Executes Stock Options and Sells Shares Under 10b5-1 Plan

Director Paul R. Johnston exercised stock options and sold shares of Exponent Inc. common stock on May 23, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 23, 2024, Paul R. Johnston, a director of Exponent Inc., executed transactions involving the company's common stock.
• Johnston exercised incentive stock options to acquire 3,442 shares at a price of $29.05 per share.
• He also exercised non-qualified stock options to acquire 2,558 shares at the same price of $29.05 per share.
• Concurrently, Johnston sold 3,442 shares and 2,558 shares at a price of $95.1103 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 79,236 shares of Exponent Inc. common stock.
• He also holds 42,000 non-qualified stock options.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan indicates that the transactions were pre-planned and not based on any inside information at the time of the trades.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.

Key Dates