Paul Linton Alderman, Chief Strategy/Transformation Officer at FTI Consulting, Inc., filed a Form 4 on November 4, 2026, disclosing a stock option exercise and same-day sale of 4,378 shares of common stock on November 3, 2026.

Key Highlights

  • Option exercise: Alderman exercised stock options covering 4,378 shares at a conversion price of $40.36 per share on November 3, 2026, using transaction code M.
  • Same-day sale: All 4,378 acquired shares were sold on November 3, 2026, at $190 per share, using transaction code S.
  • Remaining holdings: Following the transactions, Alderman directly held 92,824 shares of common stock.
  • Remaining options: After the exercise, 6,477 stock options with a $40.36 exercise price remain, expiring March 6, 2027.
  • Vesting note: According to the filing, "All options pursuant to these awards vested and became exercisable in full on March 6, 2020."
  • Filing agent: The form was signed by Michael Rosenthall as Attorney-in-Fact for Paul Linton on November 4, 2026.

Alderman's November 3 Option Exercise and Share Sale at FTI Consulting

According to the Form 4 filed with the SEC, Paul Linton Alderman, identified as Chief Strategy/Transf. Officer of FTI Consulting, Inc. (NYSE:FCN), reported two transactions in common stock on November 3, 2026. First, Alderman exercised stock options (transaction code M) to acquire 4,378 shares at a price of $40.36 per share, bringing his directly held total to 97,202 shares at that interim stage.

Immediately following that acquisition, the filing discloses a disposal (transaction code S) of the same 4,378 shares at $190 per share, reducing his directly held common stock to 92,824 shares. The filing does not indicate that the sale was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox on the form was not checked.

The exercised options are reported in Table II as stock options with a conversion or exercise price of $40.36, exercisable through March 6, 2027. The filing notes in the explanation of responses that all options under these awards "vested and became exercisable in full on March 6, 2020." After the exercise of 4,378 options, 6,477 options with the same exercise price and expiration date remain directly held by Alderman, according to the filing.

What Was Disclosed

The Form 4 filed November 4, 2026, covers a November 3, 2026, exercise of 4,378 fully vested stock options at $40.36 and a same-day sale of those shares at $190 by FTI Consulting's Chief Strategy/Transformation Officer, leaving him with 92,824 shares and 6,477 remaining options.