Sala Joseph 4

What Happened

• Joseph Sala, Group Vice President at Exponent Inc. (EXPO), was granted 9,798 shares on March 13, 2026. The Form 4 records this as an award/acquisition (transaction code A) and classifies the position as a derivative; no acquisition price or total dollar value is reported.

Key Details

• Transaction date: 2026-03-13; Form 4 filed: 2026-03-16 (filed within typical 2-business-day reporting window).
• Shares involved: 9,798 awarded shares. Price/value: N/A (not disclosed on the filing).
• Footnotes: F1 indicates a 1-for-1 conversion; F2 is listed as not applicable.
• Shares owned after transaction: not specified in the provided filing data.
• Transaction type: Award/grant of derivative securities (likely an RSU or similar equity award that converts 1-for-1 to common shares).

Context

• Awards like this are compensation-driven and do not necessarily signal immediate bullish or bearish insider sentiment. Because the filing lists the grant as a derivative award (A) and shows a 1-for-1 conversion, this likely reflects equity compensation vesting or a stock award issuance rather than an open-market purchase or sale.