Form 4: Exponent Inc. Executive Acquires Restricted Stock Units
SEC Form 4 Filing
Richard Reiss, Group Vice President of Exponent Inc., reports the acquisition of 2,032 Restricted Stock Units (RSUs) on March 14, 2025.
Summary
- Richard Reiss, a Group Vice President at Exponent Inc. (EXPO), filed a Form 4 on March 17, 2025.
- The form reports a transaction that occurred on March 14, 2025, where Reiss acquired 2,032 Restricted Stock Units (RSUs).
- These RSUs convert to common stock on a 1-for-1 basis.
- The RSUs become exercisable and expire on March 14, 2029.
- Following the reported transaction, Reiss directly owns 2,032 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation. 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. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Richard Reiss acquired 2,032 Restricted Stock Units. |
| 03/14/2029 | Date the Restricted Stock Units become exercisable and expire. |
| 03/17/2025 | Date the Form 4 was signed. |
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