Morgan Stanley Smith Barney to sell EXPO common stock

Morgan Stanley Smith Barney LLC filed a Form 144 reporting a proposed sale of Common Stock of EXPO with a filing date of 05/13/2026.

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 reporting a proposed sale of Common Stock of EXPO with a filing date of 05/13/2026. The filing lists two blocks of restricted stock dated 03/11/2026 and 03/11/2022.

Insights

Securities Attorney

Form 144 lists a proposed resale of restricted common stock by a broker-dealer.

The filing names Morgan Stanley Smith Barney LLC as the filer and identifies two lots of restricted stock dated 03/11/2026 and 03/11/2022. The form is a notice of a proposed sale under federal resale rules.

Timing and exact sale mechanics are not detailed in the excerpt; subsequent transaction confirmation will appear in resale reports or Form 4/5 filings if sales occur.

Key Terms

Restricted Stock, Form 144, Filer

3 terms

Restricted Stock regulatory

"Common | 03/11/2026 | Restricted Stock |"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Filer regulatory

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the EXPO Form 144 filed by Morgan Stanley Smith Barney LLC report?

It reports a proposed sale of Common Stock. The filing names Morgan Stanley Smith Barney LLC and lists two blocks of restricted stock dated 03/11/2026 and 03/11/2022, with the Form 144 dated 05/13/2026.

Who is the filer on the EXPO Form 144 and when was it filed?

The filer is Morgan Stanley Smith Barney LLC. The form shows the broker-dealer's address and is dated 05/13/2026, and it references Common Stock to be sold on NASDAQ.

Which securities are listed for resale in the EXPO Form 144?

Common stock described as restricted stock. The excerpt lists two restricted-stock entries with grant or acquisition dates of 03/11/2026 and 03/11/2022 that are indicated for sale in the filing.

Does the Form 144 excerpt confirm completed sales of EXPO shares?

No — it reports a proposed resale, not completed trades. Form 144 notifies the SEC of intended sales; subsequent filings or broker confirmations would show completed transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/13/2026 - 04:33 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001972295
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	EXPONENT, INC.
SEC File Number	000-18655
Address of Issuer	149 COMMONWEALTH DRIVE, MENLO PARK CALIFORNIA 94025
Phone	(650) 326-9400
Name of Person for Whose Account the Securities are To Be Sold	JOSEPH RAKOW
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2945	160973.99	48511629	05/13/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/11/2026	Restricted Stock	Issuer			1441	03/11/2026	Not Applicable
Common	03/11/2022	Restricted Stock	Issuer			1504	03/11/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/13/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Joseph Francis Rakow
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)