Exponent (EXPO) VP John Pye receives new stock options at $66.56 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Exponent Inc. vice president John Pye received new stock option awards. On April 6, 2026, he was granted an Incentive Stock Option for 6,008 shares and a Non-Qualified Stock Option for 14,992 shares, each with an exercise price of $66.56 per share.
The options become exercisable in four equal annual installments and are scheduled to expire on April 6, 2036. These awards are compensation-related grants, not open-market purchases or sales, and increase his direct derivative exposure to Exponent common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pye John
Role
VP Global Offices & Innovation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Option (right to buy) | 6,008 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Option (right to buy) | 14,992 | $0.00 | -- |
Holdings After Transaction:
Incentive Stock Option (right to buy) — 6,008 shares (Direct);
Non-Qualified Stock Option (right to buy) — 14,992 shares (Direct)
Footnotes (1)
- The stock option becomes exercisable in four equal annual installments. Not applicable.
Key Figures
Incentive Stock Option size: 6,008 shares
Non-Qualified Stock Option size: 14,992 shares
Option exercise price: $66.56 per share
+3 more
6 metrics
Incentive Stock Option size
6,008 shares
Granted April 6, 2026 to VP John Pye
Non-Qualified Stock Option size
14,992 shares
Granted April 6, 2026 to VP John Pye
Option exercise price
$66.56 per share
Exercise price for both new option grants
Incentive Option holdings after grant
6,008 options
Total Incentive Stock Options following transaction
Non-Qualified Option holdings after grant
14,992 options
Total Non-Qualified Stock Options following transaction
Option expiration date
April 6, 2036
Expiration for both grants if unexercised
Key Terms
Incentive Stock Option, Non-Qualified Stock Option, exercise price, four equal annual installments, +1 more
5 terms
Incentive Stock Option financial
"Incentive Stock Option (right to buy) granted for 6,008 shares"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (right to buy) granted for 14,992 shares"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
exercise price financial
"Both option grants carry an exercise price of $66.56 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
four equal annual installments financial
"The stock option becomes exercisable in four equal annual installments"
expiration date financial
"Options are scheduled to expire on April 6, 2036 if not exercised"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.