Brown George H. 4
Research Summary
AI-generated summary
EXPO Director George H. Brown Exercises RSUs, Receives Award
What Happened
- George H. Brown, a director of Exponent, converted/exercised 2,009 vested restricted stock units (derivative transaction code M) into common shares on 2026-06-03 and the filing reports a same-day disposition of those 2,009 derivative shares. No price or dollar values are reported (N/A). On 2026-06-04 he was granted 2,859 restricted stock units (award, code A) that are reported as an acquisition of derivative awards; these RSUs do not yet convert to shares until they vest.
Key Details
- Transaction dates: conversion/exercise and disposition on 2026-06-03; new RSU grant on 2026-06-04.
- Share counts: 2,009 shares converted and disposed (6/3); 2,859 RSUs granted (6/4).
- Prices/values: Not disclosed in the filing (listed as N/A).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — conversion reflects vested RSUs granted June 5, 2025 converting 1-for-1 to common stock; F3 — 1-for-1 conversion; F4 — the newly reported RSUs will cliff-vest the day prior to the company’s next annual shareholder meeting.
- Timeliness: Filing dated 2026-06-04 for transactions on 2026-06-03 — appears to be filed promptly (no lateness indicated).
Context
- The 6/3 activity shows conversion of vested RSUs into shares with an immediate same-day disposition of those converted/share derivatives; the filing does not state whether the disposition was a sale for cash, tax withholding, or another transfer. The 6/4 entry is a grant of new RSUs that will vest in a single cliff prior to the next annual meeting. These award/grant entries represent compensation-related equity rather than an open-market purchase.