Exponent (NASDAQ: EXPO) VP converts 3,180 RSUs; 1,114 shares withheld for taxes
Rhea-AI Filing Summary
EXPONENT INC Group Vice President Joseph Sala reported compensation-related equity activity. On March 11, 2026, he exercised 3,180 Restricted Stock Units granted on March 11, 2022, converting them into 3,180 shares of Common Stock on a 1:1 basis.
To cover tax withholding obligations, 1,114 of these shares were withheld by the company at a value of $70.03 per share, leaving Sala with 2,066 shares of Common Stock held directly after the transactions. The filing shows no remaining derivative (RSU) position from this grant.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trading.
Group Vice President Joseph Sala converted 3,180 vested Restricted Stock Units into an equal number of EXPONENT INC common shares on March 11, 2026. This is a standard derivative exercise tied to a prior equity award granted on March 11, 2022.
Of the shares received, 1,114 were withheld by the company at $70.03 per share to satisfy tax obligations, a common non-market mechanism. Sala’s position after these entries is 2,066 common shares held directly, and the related RSU grant has been fully converted.
The transactions do not involve open-market buying or selling and appear to be routine compensation and tax events rather than discretionary trades, so they carry limited informational value about Sala’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,180 | $0.00 | -- |
| Exercise | Common Stock | 3,180 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,114 | $70.03 | $78K |
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.