Form 4: Exponent Inc. Executive John Pye Reports Stock Transactions
SEC Form 4 Filing
Group Vice President John Pye of Exponent Inc. reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On March 12, 2025, John Pye, a Group Vice President at Exponent Inc., engaged in transactions involving the company's stock.
- Pye converted 3,438 restricted stock units into an equal number of common stock shares.
- Additionally, 866 shares were disposed of to satisfy tax withholding obligations at a price of $82.33 per share.
- Following these transactions, Pye directly owns 31,204 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral disclosure.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice across publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the company's total outstanding shares.
- The transactions impact John Pye as they represent part of his compensation.
Key Dates
| Date | Description |
|---|---|
| 03/12/2021 | Date of grant for the Restricted Stock Units that vested on 03/12/2025 |
| 03/12/2025 | Date of stock transactions: conversion of restricted stock units and disposition of shares for tax obligations. |
| 03/14/2025 | Date of report signature. |
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