Exponent (EXPO) VP converts RSUs, withholds shares for taxes in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exponent Inc. Group Vice President James Bradley reported routine equity compensation activity. On March 11, 2026, 4,664 vested Restricted Stock Units granted on March 11, 2022 converted into 4,664 shares of common stock on a 1:1 basis. To satisfy tax withholding obligations, the company withheld 1,559 of these shares at a price of $70.03 per share. Bradley retained 3,105 common shares directly following the transactions. The withholding is a tax payment mechanism, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,664 shares exercised/converted
Mixed
3 txns
Insider
James Bradley A
Role
Group Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,664 | $0.00 | -- |
| Exercise | Common Stock | 4,664 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,559 | $70.03 | $109K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 4,664 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 did Exponent (EXPO) executive James Bradley report in this Form 4 filing?
James Bradley reported the vesting and conversion of 4,664 Restricted Stock Units into 4,664 shares of Exponent common stock, with a portion of those shares withheld by the company to cover his tax obligations.
What is the significance of the F-code tax withholding in the EXPO Form 4?
The F-code transaction reflects 1,559 Exponent common shares withheld by the company at $70.03 per share to satisfy James Bradley’s tax obligations, representing a non-market disposition rather than an open-market sale of shares.
Were the Exponent (EXPO) Form 4 transactions open-market purchases or sales?
No open-market purchases or sales were reported. The filing shows a derivative exercise converting Restricted Stock Units into common shares and a related share withholding by Exponent to cover James Bradley’s tax liabilities.
What derivative security did James Bradley convert into Exponent (EXPO) common stock?
James Bradley converted 4,664 vested Restricted Stock Units, originally granted on March 11, 2022, into 4,664 Exponent common shares on a one-for-one basis as part of routine equity compensation vesting.