Exponent (NASDAQ: EXPO) CFO exercises stock options for 4,230 shares

Rhea-AI Filing Summary

Exponent Inc.'s Executive Vice President and Chief Financial Officer, Richard L. Schlenker Jr., reported an option exercise that increased his direct common stock holdings. On February 11, 2026, he exercised an Incentive Stock Option for 4,230 shares at an exercise price of $23.63 per share, converting the derivative position into common stock. Following this transaction, he directly owned 226,109 shares of Exponent common stock.

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

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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^*

SCHLENKER RICHARD L JR

(Last) (First) (Middle)

149 COMMONWEALTH DRIVE

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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

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

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

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	02/11/2026		M		4,230	A	$23.63	226,109	D

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
Incentive Stock Option (right to buy)	$23.63	02/11/2026		M			4,230	(1)	02/12/2026	Common Stock	4,230	(2)	0	D

Explanation of Responses:

1. The stock option becomes exercisable in four equal annual installments.

2. Not applicable.

	By: Wendy Whitehouse For: Richard L. Schlenker, Jr.	02/12/2026
	** 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).
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FAQ

What insider transaction did EXPO’s CFO report on February 11, 2026?

Exponent’s CFO, Richard L. Schlenker Jr., reported exercising an incentive stock option for 4,230 shares on February 11, 2026. The option carried a $23.63 exercise price per share, converting his derivative position into additional directly held Exponent common stock.

How many EXPO shares does the CFO own after the reported Form 4 transaction?

After the reported transaction, Exponent’s CFO directly owns 226,109 shares of common stock. This figure reflects the addition of 4,230 shares acquired through exercising an incentive stock option at an exercise price of $23.63 per share.

What type of derivative security did the EXPO CFO exercise in this filing?

The CFO exercised an Incentive Stock Option, described as a right to buy Exponent common stock. The option covered 4,230 underlying shares at an exercise price of $23.63, and the derivative position was reduced to zero following the exercise.

Does the EXPO Form 4 indicate a purchase or a sale of common stock?

The Form 4 shows an option exercise, coded “M,” which represents the conversion of a derivative security into common stock. It records 4,230 shares of common stock acquired through exercising an incentive stock option at $23.63 per share, rather than an open-market buy or sale.

What is Richard L. Schlenker Jr.’s role at Exponent Inc. in this Form 4?

In this Form 4, Richard L. Schlenker Jr. is identified as Exponent Inc.’s Executive Vice President and Chief Financial Officer. He is not listed as a director or 10% owner, and the reported holdings represent his directly owned common stock position after the option exercise.

How were the EXPO incentive stock options structured before this exercise?

A footnote explains that the stock option becomes exercisable in four equal annual installments. The reported transaction shows one exercise event for 4,230 shares at $23.63, after which the specific option position reported in Table II shows zero derivative securities remaining.