Form 4: Exponent Inc. Executive John Pye Reports Stock Transactions
SEC Form 4 Filing
Group Vice President John Pye reports acquisition and disposal of Exponent Inc. stock units.
Summary
- On March 15, 2024, John Pye, Group Vice President of Exponent Inc., reported transactions involving Restricted Stock Units (RSUs).
- Pye acquired 6,064 Restricted Stock Units, which convert to common stock on a 1-for-1 basis.
- Pye also disposed of 6,064 Restricted Stock Units.
- The RSUs vest on March 15, 2028, and expire on the same date.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transactions (acquisition and disposal of RSUs) |
| 03/15/2028 | Vesting and expiration date of the acquired Restricted Stock Units |
| 03/19/2024 | Date of signature on the Form 4 filing |
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