Exponent (EXPO) CEO Catherine Corrigan Exercises Options

What Happened
Catherine Corrigan, Chief Executive Officer of Exponent Inc. (EXPO), exercised 12,665 stock options on July 28, 2026 at an exercise price of $37.45 per share, representing an aggregate exercise cost of $474,304. The same Form 4 also reports a simultaneous disposition of 12,665 shares reported as a derivative with no public sale price (N/A).

Key Details

• Transaction date: July 28, 2026.
• Acquisition: 12,665 shares via option exercise @ $37.45/share (total $474,304).
• Disposition: 12,665 shares reported as a derivative (price N/A) on same date.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 – the option vests in four equal annual installments; F2 – not applicable.
• Filing timeliness: Report filed July 30, 2026 (appears timely; not reported as late).

Context
This filing documents an option exercise (transaction code M). The paired acquisition and same-number disposition reported at N/A typically indicates a net settlement or shares surrendered to cover exercise costs or tax withholding rather than an open-market sale. Option exercises represent the insider taking ownership of shares but do not necessarily signal a bullish or bearish intent by themselves.