EARLY CREIGHTON K 4

What Happened

• Creighton K. Early, Executive Vice President and Chief Financial Officer of Willdan Group, had 4,158 performance-based restricted stock units (RSUs) vest effective March 16, 2026 (grant originally made March 17, 2025). The RSUs converted into 4,158 shares of common stock (acquired at $0.00 per share).
• To satisfy tax withholding obligations, 2,356 of those shares were withheld/disposed at an effective value of $78.61 per share, totaling $185,205. Net to Early after withholding was 1,802 shares.

Key Details

• Transaction dates: Vesting and acquisition on 2026-03-16; Form 4 filed 2026-03-17 (timely).
• Reported transactions and codes: A = Award/Grant (4,158 shares @ $0.00 acquired); F = Tax withholding (2,356 shares @ $78.61 disposed = $185,205).
• Net change from the vesting event: +1,802 shares.
• Footnotes of note:
  • F1: These were performance-based RSUs granted 3/17/2025; performance conditions were certified satisfied 3/16/2026, triggering vesting.
  • F3: The 2,356-share disposition reflects shares withheld to cover tax withholding on the vested RSUs.
  • F2: Separately, Early holds additional unvested RSUs (5,625; 4,620; and 2,800 shares) that vest on future dates subject to continued service.
• Shares owned after transaction: total post-transaction holdings not disclosed in the provided data; transaction produced a net increase of 1,802 shares for Early.

Context

• This was not an open-market sale or option exercise. It was the vesting of performance RSUs with a portion of shares withheld to meet tax obligations (a common administrative step).
• Such withholding transactions are routine and reflect tax compliance rather than a deliberate market-sale decision.