Rakow Joseph 4

What Happened
Joseph Rakow, Group Vice President of Exponent, reported an open‑market sale of 2,945 shares of EXPO on May 13, 2026. The shares were sold at $54.66 each for gross proceeds of approximately $160,974. This was a straight sale (transaction code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-05-13
• Transaction type: Open-market sale (Code S)
• Shares sold: 2,945 at $54.66 per share
• Gross proceeds: ~$160,974
• Shares owned after the transaction: Not disclosed in this Form 4
• Footnotes/plan: No 10b5‑1 plan, tax‑withholding, or other special footnotes indicated in the reported transaction
• Filing timeliness: Report filed on 2026-05-13 (no late filing flag shown)

Context
Insider sales are common and can reflect routine portfolio management, tax needs, or other personal reasons; they do not by themselves indicate the executive’s view on the company’s prospects. Retail investors typically give more weight to insider purchases as potential positive signals. This filing provides transaction facts only and includes no explanation for the sale.