Form 4: Exponent Inc. Executive Richard Reiss Sells Shares
SEC Form 4
Group Vice President Richard Reiss of Exponent Inc. sold 2,206 shares of common stock on July 31, 2024, at a price of $107.4585 per share.
Summary
- Richard Reiss, a Group Vice President at Exponent Inc., sold 2,206 shares of common stock on July 31, 2024.
- The sale price was $107.4585 per share.
- Following the transaction, Reiss directly owns 3,536 shares of Exponent Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a normal part of corporate governance. It is important to consider the overall context of the company's performance and industry trends when evaluating the significance of insider transactions.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common practice and doesn't necessarily reflect the company's performance.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Richard Reiss sold shares of EXPO |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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