Kayne Anderson Rudnick holds 3.89M shares of Exponent (EXPO) — 7.9%

Rhea-AI Filing Summary

Exponent Inc: Kayne Anderson Rudnick Investment Management, LLC reported beneficial ownership of 3,886,546 shares of Exponent Inc, representing 7.9% of the class as of 03/31/2026. The filing breaks down voting and dispositive power: sole voting power 2,839,655, shared voting power 1,042,670, sole dispositive power 2,843,876, and shared dispositive power 1,042,670.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 3,886,546 shares (7.9%).

The filing shows Kayne Anderson Rudnick holds 3,886,546 shares of Exponent with detailed voting and dispositive power counts. The position size is reported as a percentage of the class (7.9%) and is typical disclosure for an institutional holder.

Timing: the ownership is stated as of 03/31/2026. Subsequent filings may show changes; cash‑flow treatment and intent are not described in the excerpt.

Key Figures

Beneficial ownership: 3,886,546 shares Percent of class: 7.9% Sole voting power: 2,839,655 shares +3 more

6 metrics

Beneficial ownership 3,886,546 shares as of <date>03/31/2026</date>

Percent of class 7.9% reported percentage of common stock

Sole voting power 2,839,655 shares amount with sole power to vote

Shared voting power 1,042,670 shares amount with shared power to vote

Sole dispositive power 2,843,876 shares amount with sole power to dispose

CUSIP 30214U102 Exponent Inc common stock identifier

Key Terms

Schedule 13G/A, Beneficial ownership, Sole/Shared Voting Power

3 terms

Schedule 13G/A regulatory

"Amendment No. 3 ) Exponent Inc Common Stock"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficial ownership regulatory

"Amount beneficially owned: 3,886,546 (b) Percent of class: 7.9 %"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Sole/Shared Voting Power regulatory

"Sole Voting Power 2,839,655.00 Shared Voting Power 1,042,670.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Exponent Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30214U102

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 30214U102

1

Names of Reporting Persons

Kayne Anderson Rudnick Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,839,655.00
6	Shared Voting Power 1,042,670.00
7	Sole Dispositive Power 2,843,876.00
8	Shared Dispositive Power 1,042,670.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,886,546.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Exponent Inc
(b)	Address of issuer's principal executive offices: 149 Commonwealth Drive, Menlo Park, CA, 94025, US
Item 2.
(a)	Name of person filing: Kayne Anderson Rudnick Investment Management, LLC
(b)	Address or principal business office or, if none, residence: Kayne Anderson Rudnick Investment Management, LLC - 2000 Avenue of the Stars, Suite 1110, Los Angeles, CA 90067, US
(c)	Citizenship: Kayne Anderson Rudnick Investment Management, LLC - CALIFORNIA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 30214U102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,886,546
(b)	Percent of class: 7.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,839,655
	(ii) Shared power to vote or to direct the vote: 1,042,670
	(iii) Sole power to dispose or to direct the disposition of: 2,843,876
	(iv) Shared power to dispose or to direct the disposition of: 1,042,670
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kayne Anderson Rudnick Investment Management, LLC

Signature:	/s/Michael Shoemaker
Name/Title:	Chief Compliance Officer
Date:	05/14/2026

FAQ

What stake does Kayne Anderson Rudnick hold in Exponent (EXPO)?

Kayne Anderson Rudnick reports beneficial ownership of 3,886,546 shares, equal to 7.9% of Exponent's common stock as stated in the filing dated 03/31/2026.

How is Kayne Anderson Rudnick's voting power in Exponent structured?

The filing lists sole voting power of 2,839,655 shares and shared voting power of 1,042,670 shares, per the ownership breakdown in the Schedule 13G/A.

What dispositive powers does Kayne Anderson Rudnick report for EXPO shares?

Dispositive powers are reported as sole dispositive power 2,843,876 shares and shared dispositive power 1,042,670 shares, according to the filing's ownership table.

What date does the Schedule 13G/A reference for the ownership stake?

The filing shows the ownership position referenced as of 03/31/2026, with the amendment signed on 05/14/2026 by the Chief Compliance Officer.