[Form 4] FTI Consulting, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Steven H. Gunby, CEO, Chairman and President of FTI Consulting, Inc. (FCN), reported exercises and acquisitions on 09/08/2025. The Form 4 shows a transaction coded "M" that resulted in acquisition of 2,912 shares of common stock at a reported price of $34.33 per share, increasing his direct beneficial ownership to 286,507 shares. Related derivative details indicate a stock option with a $34.33 exercise price exercised on 09/08/2025, covering 2,912 underlying shares; those options were noted as having vested in full on March 1, 2019. The filing was submitted on 09/09/2025 by an attorney-in-fact.

Positive

• CEO increased direct ownership by acquiring 2,912 shares (post-transaction ownership 286,507 shares)
• Options vested previously (vested in full on March 1, 2019), clarifying the exercise related to vested awards

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: CEO exercised vested options and acquired 2,912 shares, modestly increasing direct ownership.

The filing documents a routine Section 16 disclosure: a transaction on 09/08/2025 where Steven H. Gunby exercised options and acquired 2,912 shares of FTI Consulting common stock at a stated price of $34.33, bringing his reported direct holdings to 286,507 shares. The filing explicitly notes those options vested in full on March 1, 2019. This is a standard insider exercise and reporting event consistent with previously granted awards and does not on its face indicate a change in compensation policy or extraordinary corporate action.

Securities Analyst

TL;DR: Insider exercise recorded; transaction size is disclosed but not presented as material to valuation in this filing.

The Form 4 discloses an option exercise (code M) converting a stock option with a $34.33 strike into 2,912 shares on 09/08/2025. The document shows the post-transaction direct ownership figure (286,507 shares) and reiterates the vesting date of March 1, 2019. The filing was signed by an attorney-in-fact on 09/09/2025. As reported, this is a customary reporting of insider activity tied to vested awards rather than a new grant or sale.

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^*

Gunby Steven Henry

(Last) (First) (Middle)

555 12TH STREET NW

(Street)

WASHINGTON DC 20004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FTI CONSULTING, INC [ FCN ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Chairman and President

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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	09/08/2025		M		2,912	A	$34.33	286,507	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
Stock Option (right to buy)	$34.33	09/08/2025		M			2,912	(1)	03/01/2026	Common Stock	2,912	$0	2,477	D

Explanation of Responses:

1. All options pursuant to these awards vested and became exercisable in full on March 1, 2019.

Remarks:

	By: Michael Rosenthall, Attorney-in-Fact For: Steven H. Gunby	09/09/2025
	** 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.

FAQ

What transaction did Steven H. Gunby report on Form 4 for FCN?

He reported an acquisition on 09/08/2025 of 2,912 shares of FTI Consulting common stock under transaction code M.

At what price were the shares acquired in the reported transaction?

The filing lists a reported price of $34.33 per share for the transaction.

How many shares does Steven H. Gunby beneficially own after the transaction?

The Form 4 reports 286,507 shares beneficially owned following the reported transaction.

Were the underlying options for the exercised shares vested?

Yes. The filing states that all options pursuant to these awards vested in full on March 1, 2019.

When was the Form 4 filed and who signed it?

The Form 4 was filed on 09/09/2025 and signed by an attorney-in-fact, Michael Rosenthall, for Steven H. Gunby.