Rakow Joseph 4

What Happened

Joseph Rakow, Group Vice President of Exponent Inc. (EXPO), was granted an award of 10,688 derivative shares on March 13, 2026. The filing lists the transaction as an award/acquisition (code A); no per-share price or total dollar value is reported in the Form 4. This is an equity award (not an open-market purchase or sale) and typically reflects compensation or incentive grants rather than a trading decision.

Key Details

• Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16)
• Transaction type: Award / grant of derivative securities (code A)
• Shares granted: 10,688 (price: N/A; total value not provided)
• Shares owned after transaction: Not disclosed in this filing
• Footnotes: F1 indicates "1-for-1." F2: Not applicable.
• Filing timeliness: Form 4 filed on 2026-03-16 appears to be timely relative to the 2026-03-13 transaction.

Context

Derivative awards like this are commonly restricted stock units or other compensation-related grants that may vest over time; the filing does not state vesting terms or whether shares are immediately transferable. Because this was an award (not a buy or sell), it should be viewed as compensation-related reporting rather than a direct market sentiment signal.