Form 4: Exponent Inc. Executive Richard Reiss Reports Stock Transactions
SEC Form 4 Filing
Richard Reiss, Group Vice President of Exponent Inc., reports acquisition and disposal of restricted stock units.
Summary
- On March 15, 2024, Richard Reiss, Group Vice President of Exponent Inc., acquired 2,376 restricted stock units.
- These units convert to common stock on a 1-for-1 basis.
- The expiration date for these units is March 15, 2028.
- Reiss also disposed of 2,376 restricted stock units on the same day.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership of company stock.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: acquisition and disposal of restricted stock units |
| 03/15/2028 | Expiration date of restricted stock units |
| 03/19/2024 | Date of signature for the report |
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