Form 4: Exponent Inc. Executive James Bradley A. James Reports Stock Transactions
SEC Form 4 Filing
Group Vice President James Bradley A. James of Exponent Inc. reports the conversion of restricted stock units and the withholding of shares for tax obligations.
Summary
- On March 13, 2024, James Bradley A. James, a Group Vice President at Exponent Inc., converted 6,206 restricted stock units into common stock.
- The conversion was on a 1:1 basis.
- Also on March 13, 2024, 2,074 shares of common stock were withheld by the company to satisfy tax withholding obligations at a price of $78.79 per share.
- Following these transactions, James directly owns 11,116 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by an executive, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US market and provide 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 transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related activities.
Key Dates
| Date | Description |
|---|---|
| 03/13/2020 | Date of grant for the Restricted Stock Units that vested on March 13, 2024 |
| 03/13/2024 | Date of restricted stock units conversion and tax withholding. |
| 03/15/2024 | Date of report signature. |
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