Form 4: Exponent Inc. Executive Acquires Restricted Stock Units
SEC Form 4
Group Vice President Bradley A. James of Exponent Inc. reports acquisition of 3,134 Restricted Stock Units on March 15, 2024.
Summary
- On March 15, 2024, Bradley A. James, a Group Vice President at Exponent Inc., acquired 3,134 Restricted Stock Units (RSUs).
- These RSUs convert to common stock on a 1-for-1 basis.
- The RSUs are exercisable and expire on March 15, 2028.
- Following the transaction, James beneficially owns 3,134 derivative securities.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock options, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and is common in publicly traded companies.
Stakeholder Impact
- The acquisition of restricted stock units by a company executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Bradley A. James acquired 3,134 Restricted Stock Units. |
| 03/15/2028 | Date the Restricted Stock Units are exercisable and expire. |
| 03/19/2024 | Date of Form 4 filing. |
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