SCHLENKER RICHARD L JR 4

What Happened

• Richard L. Schlenker Jr., Exponent’s Chief Financial Officer, was granted derivative awards (stock options) covering a total of 19,000 shares on February 20, 2026. The filing shows two awards: 1,425 shares and 17,575 shares. No per‑share price or total dollar value is reported in the Form 4 provided. These are grants (code A), not open‑market purchases or sales.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (filed within the SEC’s two‑business‑day window).
• Grants: 1,425 shares (award A) and 17,575 shares (award A) — total 19,000 option shares.
• Price/value: Not reported (listed as N/A in the filing).
• Vesting/exercise: Footnote F1 states the stock option becomes exercisable in four equal annual installments (i.e., roughly 25% vests each year).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F2: Not applicable.

Context

• These are option awards (derivative grants). They give the insider the right to acquire shares in the future as they vest and are exercised; they do not represent an immediate market purchase or sale.
• Such grants are routine for executive compensation and do not by themselves indicate intent to buy or sell common stock.