Exponent (NASDAQ: EXPO) director awarded RSUs and converts units to common stock

Rhea-AI Filing Summary

Exponent Inc director Karen A. Richardson reported equity compensation activity and updated holdings. She received a grant of 2,859 Restricted Stock Units (RSUs) that will cliff-vest on the day prior to the company’s next annual shareholder meeting, meaning all units vest at once.

She also exercised 2,009 previously vested RSUs into 2,009 shares of common stock on a 1-for-1 basis at no cash cost, leaving 2,009 common shares held directly. A separate entry shows 32,232 common shares held indirectly through a trust, reflecting additional ownership outside her personal account.

Insider Trade Summary

2,009 shares exercised/converted

Mixed 4 txns

Insider RICHARDSON KAREN A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,859	$0.00	--
Exercise	Restricted Stock Units	2,009	$0.00	--
Exercise	Common Stock	2,009	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 2,859 shares (Direct, null); Common Stock — 2,009 shares (Direct, null); Common Stock — 32,232 shares (Indirect, by Trust)

Footnotes (1)

1. Reflects the conversion of shares of vested Restricted Stock Units granted on June 5, 2025 into shares of Common Stock on a 1:1 basis. Not applicable. 1-for-1. Restricted stock units will cliff-vest on the day prior to the Company's next annual shareholder meeting.

Key Figures

RSUs granted: 2,859 units RSUs exercised: 2,009 units Direct common shares: 2,009 shares +3 more

6 metrics

RSUs granted 2,859 units Restricted Stock Units granted, cliff-vesting before next annual meeting

RSUs exercised 2,009 units Vested RSUs converted into common stock on 1-for-1 basis

Direct common shares 2,009 shares Common stock held directly after RSU exercise

Indirect common shares by trust 32,232 shares Common stock held indirectly through a trust

RSU vesting date Day prior to next annual meeting Cliff-vesting condition for 2,859 RSUs

RSU conversion ratio 1-for-1 Each RSU converts into one share of common stock

Key Terms

Restricted Stock Units, cliff-vest, 1-for-1, by Trust

4 terms

Restricted Stock Units financial

"She received a grant of 2,859 Restricted Stock Units (RSUs) that will cliff-vest"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

cliff-vest financial

"RSUs will cliff-vest on the day prior to the company’s next annual shareholder meeting"

1-for-1 financial

"exercised 2,009 previously vested RSUs into 2,009 shares of common stock on a 1-for-1 basis"

by Trust financial

"A separate entry shows 32,232 common shares held indirectly through a trust"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RICHARDSON KAREN A

(Last) (First) (Middle)

149 COMMONWEALTH DRIVE

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EXPONENT INC [ EXPO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/03/2026		M(1)		2,009	A	(2)	2,009	D
Common Stock								32,232	I	by Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	06/03/2026		M(1)			2,009	06/03/2026	06/03/2026	Common Stock	2,009	(2)	0	D
Restricted Stock Units	(3)	06/04/2026		A		2,859		06/04/2027(4)	06/04/2027	Common Stock	2,859	(2)	2,859	D

Explanation of Responses:

1. Reflects the conversion of shares of vested Restricted Stock Units granted on June 5, 2025 into shares of Common Stock on a 1:1 basis.

2. Not applicable.

3. 1-for-1.

4. Restricted stock units will cliff-vest on the day prior to the Company's next annual shareholder meeting.

	By: Wendy Whitehouse For: Karen Richardson	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did EXPO director Karen Richardson report?

Karen Richardson reported a grant of 2,859 Restricted Stock Units and the exercise of 2,009 previously vested RSUs into 2,009 common shares. She also reported an indirect holding of 32,232 common shares held by a trust associated with her.

How many Restricted Stock Units were granted to EXPO director Karen Richardson?

She was granted 2,859 Restricted Stock Units. These RSUs will cliff-vest all at once on the day before Exponent Inc’s next annual shareholder meeting, rather than vesting gradually over time, aligning her compensation with future company performance.

When do Karen Richardson’s new EXPO RSUs vest?

The 2,859 Restricted Stock Units will cliff-vest on the day prior to Exponent Inc’s next annual shareholder meeting. Cliff-vesting means 100% of the units vest at the same time, creating a single, future ownership event instead of staggered vest dates.

What RSU exercise did Karen Richardson report for Exponent (EXPO)?

She exercised 2,009 vested Restricted Stock Units into 2,009 shares of Exponent common stock on a 1-for-1 basis. The filing shows these shares were acquired at a stated price of zero, reflecting a compensation conversion rather than a market purchase.

How many Exponent (EXPO) shares does Karen Richardson hold directly and indirectly?

After the reported transactions, she holds 2,009 shares of Exponent common stock directly. In addition, a separate entry shows 32,232 shares of common stock held indirectly through a trust, indicating significant beneficial ownership via that entity.

Does the EXPO Form 4 show any insider sales by Karen Richardson?

The Form 4 does not report any sales. It shows only acquisitions: an RSU grant of 2,859 units and an exercise converting 2,009 RSUs into common shares, plus an updated indirect holding by a trust with 32,232 common shares.