CHEN MICAH 4

What Happened

• Micah Chen, Executive Vice President & General Counsel of Willdan Group, had 410 shares of Willdan common stock withheld on March 9, 2026 to satisfy tax withholding obligations. The shares were valued at $82.98 each for a total of $34,022.
• This was a tax-withholding disposition (code F) related to restricted stock that vested on March 7, 2026 (original grant date March 7, 2023). This is a routine withholding to cover taxes, not an open-market sale.

Key Details

• Transaction date and price: March 9, 2026 — 410 shares at $82.98 per share ($34,022 total).
• Filing date: Form 4 filed March 11, 2026 (appears timely).
• Footnote F1: Shares withheld to satisfy tax obligations for restricted stock vested March 7, 2026 (granted March 7, 2023).
• Footnote F2: Reporting person has additional unvested restricted stock units totaling 11,920 shares (vesting in installments across 2026–2029).
• Transaction code: F (tax withholding/cashless surrender).

Context

• Tax-withholding dispositions are routine administrative transactions that reduce share count to cover tax liabilities from vesting; they do not necessarily indicate the insider's view of the company.
• The filing shows remaining RSUs with future vesting dates (2026–2029), so further withholding or sales could occur as those awards vest.