10-K/A: Exponent Inc. Files Amendment to 10-K to Correct Hyperlink and Update Meeting Date
10-K/A Amendment
Exponent Inc. has filed an amendment to its annual report on Form 10-K to correct a hyperlink for an exhibit and update the date of the Annual Meeting of Stockholders.
Summary
- Exponent, Inc. filed Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 29, 2023.
- The purpose of the amendment is to correct the hyperlink for Exhibit 3.2(i).
- The amendment also updates the date of the Annual Meeting of Stockholders.
- The original Form 10-K speaks as of its original filing date, and this amendment does not reflect events occurring after that date.
- The number of shares of the registrant's common stock outstanding as of February 16, 2024 was 50,563,193.
- The aggregate market value of the common stock held by non-affiliates of the registrant based on the closing sales price of the common stock as reported on the NASDAQ Global Select Market on June 30, 2023, was approximately $3.4 billion.
- The Annual Meeting of Stockholders will be held on June 6, 2024.
- The filing includes certifications from the CEO and CFO regarding the accuracy of the information presented.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing amendment, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects attention to detail and compliance.
Future Outlook
The document does not contain specific forward-looking statements beyond the date of the Annual Meeting of Stockholders.
Management Comments
- Catherine Ford Corrigan, Ph.D., Chief Executive Officer, certified that the report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
- Richard L. Schlenker, Jr., Chief Financial Officer, certified that the report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report.
Industry Context
This is a standard regulatory filing update, and the correction of a hyperlink and update of the meeting date are routine administrative matters.
Comparison to Industry Standards
- Correcting errors in regulatory filings is a standard practice across publicly traded companies.
- Updating the date of the annual meeting is a routine administrative update.
Stakeholder Impact
- The correction of the hyperlink and update to the meeting date ensure that stakeholders have access to accurate information and are aware of the upcoming Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| June 25, 1990 | Date of the Company's Registration Statement on Form S-1 |
| January 17, 1998 | Effective date of Commercial Lease No. 03-53542 between the Company and the Arizona State Land Department |
| January 30, 1998 | Date of Certificate of Amendment of Restated Certificate of Incorporation |
| January 1, 2014 | Effective date of Exponent, Inc. 401(k) Savings Plan, as amended and restated |
| May 24, 2006 | Date of Certificate of Amendment of Restated Certificate of Incorporation of the Company |
| March 31, 2006 | Date of Services Agreement between the Company and Exponent Engineering P.C. |
| May 28, 2015 | Date of Certificate of Amendment of Restated Certificate of Incorporation of the Company |
| September 30, 2016 | Date of Executive Compensation Clawback Policy |
| April 18, 2017 | Date of Exponent, Inc. Amended and Restated 2008 Equity Incentive Plan |
| May 31, 2018 | Date of Certificate of Amendment of Restated Certificate of Incorporation of the Company |
| January 1, 2022 | Date of Amended and Restated Nonqualified Deferred Compensation Plan |
| December 15, 2022 | Date of Amended and Restated Bylaws of the Company |
| December 29, 2023 | Fiscal year end date for the Annual Report on Form 10-K |
| February 23, 2024 | Date of the Company's Annual Report on Form 10-K |
| February 16, 2024 | Date for outstanding common stock share count (50,563,193 shares) |
| April 17, 2024 | Date of Amendment No. 1 to the Annual Report on Form 10-K |
| June 6, 2024 | Date of the 2023 Annual Meeting of Stockholders |
Keywords
10-K/A, amendment, annual report, hyperlink correction, stockholders meeting, Exponent Inc., financial reporting
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