Downes Cynthia 4

What Happened

• Cynthia Downes, a director of Willdan Group, Inc. (WLDN), received a grant of 1,241 restricted shares on June 17, 2026. The Form 4 reports the acquisition price as $0.00 (award), so the filing shows $0 total consideration on the grant date.
• These shares are restricted stock that vest on June 17, 2027, meaning Downes will not have full ownership or be able to freely sell them until vesting.

Key Details

• Transaction date: 2026-06-17; Filing date: 2026-06-18 (timely filing).
• Transaction type/code: Award/Grant (A); Shares granted: 1,241; Reported price: $0.00; Reported value at grant: $0.
• Vesting: Shares vest on 2027-06-17 (see footnotes F1/F2).
• Shares owned after transaction: not disclosed in the provided filing.
• No 10b5-1 plan, sale, exercise, or tax-withholding event reported in this filing.

Context

• This is a compensation-related restricted stock award, common for directors as part of pay packages. The award does not represent an open-market purchase or sale and does not indicate an immediate change in market-exposed ownership until the shares vest.