SCHLENKER RICHARD L JR 4

What Happened Richard L. Schlenker Jr., Chief Financial Officer of Exponent, was granted 10,688 shares (reported as a derivative award) on 2026-03-13. The Form 4 lists the transaction as an award/grant (code A) with no per-share price or total dollar amount reported (N/A). This is an acquisition via award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-13; Form 4 filed 2026-03-16 (filed within required business-day window).
• Shares acquired: 10,688 (derivative award); per-share price: N/A; total value: N/A.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = "1-for-1" (award converts on a one-for-one basis); F2 = "Not applicable."
• Filing timeliness: Timely (filed within the SEC’s two-business-day requirement).

Context This filing documents a granted award (commonly RSUs or similar equity awards) rather than an option exercise or sale; because no cash was exchanged and no price is reported, the filing shows an ownership acquisition without immediate sale. Awards to executives are part of typical compensation programs and do not, by themselves, indicate future trading intentions.