Exponent (EXPO) VP converts 5,510 RSUs, 1,756 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exponent Inc. Group Vice President Maureen T. F. Reitman exercised restricted stock units and settled related taxes in shares. On March 11, 2026, 5,510 vested Restricted Stock Units granted on March 11, 2022 were converted into 5,510 shares of Common Stock on a 1:1 basis.
To satisfy tax withholding obligations, 1,756 shares of Common Stock were withheld by the company at $70.03 per share. After these transactions, Reitman directly owned 39,226 shares of Exponent Common Stock, reflecting a routine compensation-related vesting and tax withholding event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,510 shares exercised/converted
Mixed
3 txns
Insider
Reitman Maureen T. F.
Role
Group Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,510 | $0.00 | -- |
| Exercise | Common Stock | 5,510 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,756 | $70.03 | $123K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 40,982 shares (Direct)
Footnotes (1)
- Reflects the conversion of shares of vested Restricted Stock Units granted on March 11, 2022 into shares of Common Stock on a 1:1 basis. Not applicable. Reflects shares of common stock withheld by the Company to satify the tax withholding obligations of the Reporting Person.
FAQ
What insider transaction did Exponent (EXPO) report for Maureen T. F. Reitman?
Exponent reported that Group Vice President Maureen T. F. Reitman converted 5,510 vested Restricted Stock Units into 5,510 shares of Common Stock and had 1,756 of those shares withheld by the company to cover tax obligations, leaving her with 39,226 directly owned shares.
How many Exponent (EXPO) Restricted Stock Units vested and converted in this Form 4?
A total of 5,510 vested Restricted Stock Units converted into 5,510 shares of Exponent Common Stock on a 1:1 basis. These RSUs were originally granted on March 11, 2022, and the conversion occurred on March 11, 2026 as part of routine equity compensation.
How were taxes paid on Maureen Reitman’s Exponent (EXPO) RSU vesting?
Taxes were satisfied through share withholding. Exponent withheld 1,756 shares of Common Stock at $70.03 per share to cover Maureen Reitman’s tax withholding obligations, rather than requiring a cash payment, which is a common mechanism for equity-based compensation events.
What does transaction code M and F mean in this Exponent (EXPO) Form 4?
Code M indicates the exercise or conversion of a derivative security, here the conversion of 5,510 Restricted Stock Units into Common Stock. Code F represents shares withheld by the issuer, with 1,756 shares used to pay tax liabilities through share delivery instead of cash.