EARLY CREIGHTON K 4

What Happened

• Early Creighton, Executive Vice President and Chief Financial Officer of Willdan Group, had 3,780 performance-based restricted stock units (RSUs) vest on March 25, 2026 (awarded originally March 20, 2024). The vesting was reported as an acquisition (award) at $0.00.
• To satisfy federal/state tax withholding on the vesting, 2,142 shares were withheld/disposed at a reported per-share value of $82.80, generating a withholding value of approximately $177,358.

Key Details

• Transaction dates and prices:
  • 2026-03-25: Award/vesting of 3,780 RSUs (A) at $0.00.
  • 2026-03-25: Shares withheld for tax obligations (F): 2,142 shares at $82.80 (total ~$177,358).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • The 3,780 shares vested upon determination by the Compensation Committee that performance conditions were met (Footnote F1).
  • Footnote F3 confirms the 2,142 shares were withheld to satisfy the tax withholding obligation.
  • Footnote F2 lists additional unvested RSUs still subject to future service-based vesting (totaling 10,105 RSUs across 2027–2029 vesting dates).
• Filing timeliness: Report filed on 2026-03-26 for transactions on 2026-03-25 (timely).

Context

• This was a vesting of performance RSUs, not an open-market sale. The "disposal" reported under code F reflects shares withheld by the company to cover tax liabilities (a common cashless withholding), not necessarily an active sell by the insider indicating a change in sentiment.
• Remaining unvested awards listed in the filing continue to vest on future dates if service conditions are met; these are separate from the vested performance RSUs described above.