Exponent CEO granted 28,500 stock options
Corrigan Catherine reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Corrigan Catherine reported acquisition or exercise transactions in this Form 4 filing.
Exponent Inc. President and CEO Catherine Corrigan reported awards of stock options, increasing her potential equity exposure to the company. She received 1,425 Incentive Stock Options and 27,075 Non-Qualified Stock Options, both granted at no cost as part of her compensation.
According to the disclosure, each stock option grant becomes exercisable in four equal annual installments, meaning the rights vest gradually over four years rather than all at once. These are options giving her the right to buy shares in the future; they are not immediate stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Option (right to buy) | 1,425 | $0.00 | $0.00 |
| Grant/Award | Non-Qualified Stock Option (right to buy) | 27,075 | $0.00 | $0.00 |
Footnotes (2)
- F1. The stock option becomes exercisable in four equal annual installments.
- F2. Not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Exponent (EXPO) report for Catherine Corrigan?
How many stock options did the Exponent (EXPO) CEO receive in this Form 4?
Are the Exponent (EXPO) CEO’s new stock options immediately exercisable?
What types of stock options were granted to the Exponent (EXPO) CEO?
How is Catherine Corrigan’s ownership reported after the Exponent (EXPO) option grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.