Exponent (NASDAQ: EXPO) CFO reports initial stock, RSU and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Exponent Inc Chief Financial Officer Eric R. Anderson filed an initial statement of beneficial ownership. He directly holds 2,955 shares of common stock. He also holds restricted stock units covering 4,750, 3,628, 3,538 and 3,000 shares of common stock on a 1-for-1 basis, plus options for 6,592 shares at an exercise price of $65.56 and 6,008 shares at $66.56 that become exercisable in four equal annual installments and expire in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
ANDERSON ERIC R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Incentive Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Stock Option (right to buy) — 6,008 shares (Direct, null);
Non-Qualified Stock Option (right to buy) — 6,592 shares (Direct, null);
Restricted Stock Units — 3,000 shares (Direct, null);
Common Stock — 2,955 shares (Direct, null)
Footnotes (1)
- The stock option becomes exercisable in four equal annual installments. 1-for-1.
Key Figures
Direct common stock: 2,955 shares
RSUs 2030: 4,750 shares
RSUs 2029: 3,628 shares
+4 more
7 metrics
Direct common stock
2,955 shares
Directly owned common stock as reported on Form 3
RSUs 2030
4,750 shares
Restricted stock units expiring March 13, 2030, 1-for-1 into common
RSUs 2029
3,628 shares
Restricted stock units expiring March 14, 2029, 1-for-1 into common
RSUs 2028
3,538 shares
Restricted stock units expiring March 15, 2028, 1-for-1 into common
RSUs 2027
3,000 shares
Restricted stock units expiring March 10, 2027, 1-for-1 into common
Non-qualified option
6,592 shares at $65.56
Right to buy common stock, expires April 6, 2036
Incentive stock option
6,008 shares at $66.56
Right to buy common stock, expires April 6, 2036
Key Terms
Restricted Stock Units, Non-Qualified Stock Option (right to buy), Incentive Stock Option (right to buy), 1-for-1, +1 more
5 terms
Restricted Stock Units financial
"The Form 3 lists restricted stock units covering 4,750, 3,628, 3,538, and 3,000 underlying shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Qualified Stock Option (right to buy) financial
"Anderson holds a non-qualified option for 6,592 shares at $65.56"
Incentive Stock Option (right to buy) financial
"and an incentive option for 6,008 shares at $66.56"
1-for-1 financial
"each converting into Exponent common stock on a 1-for-1 basis"
exercisable in four equal annual installments financial
"the stock option becomes exercisable in four equal annual installments"
FAQ
What does Eric R. Anderson’s Form 3 for EXPO report?
The Form 3 reports initial holdings for Exponent’s CFO Eric R. Anderson, including common stock, restricted stock units, and stock options, but shows no new buy or sell transactions.
What restricted stock units are reported for the EXPO CFO on this Form 3?
The Form 3 lists restricted stock units covering 4,750, 3,628, 3,538, and 3,000 underlying shares, each converting into Exponent common stock on a 1-for-1 basis at future dates.
What stock options does the EXPO CFO hold according to this Form 3?
Anderson holds a non-qualified option for 6,592 shares at $65.56 and an incentive option for 6,008 shares at $66.56, both expiring on April 6, 2036.
How do the EXPO CFO’s stock options vest on this Form 3?
A footnote states the stock options become exercisable in four equal annual installments, meaning the right to buy Exponent shares vests gradually over four years from the grant schedule.