McGinn Dennis V 4
Research Summary
AI-generated summary
Willdan (WLDN) Director Dennis V. McGinn Receives Restricted Stock Award
What Happened
Dennis V. McGinn, a director of Willdan Group, Inc. (WLDN), was granted 1,241 restricted shares on June 17, 2026. The Form 4 reports the shares were acquired at $0.00 (award/grant) and vest on June 17, 2027. This is a compensation-related grant rather than an open‑market purchase or sale.
Key Details
- Transaction type: Award/Grant (code A) — 1,241 restricted shares acquired at $0.00 on 2026-06-17.
- Vesting: Shares vest on June 17, 2027 (Footnotes F1 and F2).
- Filing: Report filed 2026-06-18 for a 2026-06-17 transaction (filed one day after the grant).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 states the shares are restricted stock awarded by the issuer; F2 notes the 1,241 shares vest on 6/17/2027.
Context
Restricted stock awards are typically part of compensation or retention programs and vest over time; they are not immediate purchases or sales. Because these shares were granted as compensation and vest one year from the grant date, the transaction does not directly signal a personal buy or sell decision by the insider.