Sala Joseph 4

What Happened

• Sala Joseph, Group Vice President at Exponent (EXPO), converted 3,180 vested restricted stock units (RSUs) into 3,180 shares of common stock on March 11, 2026. The company withheld 1,114 of those shares to satisfy tax withholding obligations at an indicated price of $70.03 per share (withheld value ≈ $78,013), leaving a net 2,066 shares issued to the reporting person.
• This was a conversion/settlement of an equity award (RSU vesting), not an open-market sale or purchase. Withholding shares for taxes is a routine administrative step rather than a directional trade.

Key Details

• Transaction date: 2026-03-11; Filing date: 2026-03-13 (filed within typical two-business-day window).
• Shares involved: 3,180 RSUs converted to 3,180 common shares; 1,114 shares withheld for taxes at $70.03 each (≈ $78,013); net shares delivered = 2,066.
• Footnotes: F1 — conversion of vested RSUs granted March 11, 2022 on a 1:1 basis. F3 — shares withheld by the company to satisfy tax withholding. F2 not applicable.
• Shares owned after the transaction: not specified in the filing.

Context

• This was a routine RSU vesting and tax-withholding event, effectively a non-cash settlement of equity compensation. Such withholdings are common to cover required taxes and should not be interpreted as a directional insider sale or purchase.