CHEN MICAH 4

4 · Willdan Group, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Willdan (WLDN) Exec GC Micah Chen Receives Award; Shares Withheld

What Happened

Micah Chen, Executive Vice President & General Counsel of Willdan Group, had 4,158 performance-based restricted stock units (RSUs) vest on March 16, 2026 (grant originally made March 17, 2025). The RSUs vested at no cash purchase price (acquired @ $0.00).
To satisfy tax withholding obligations, 1,826 of the vested shares were withheld at a withholding price of $78.61 per share (disposition code F), totaling about $143,542. After withholding, Chen received a net 2,332 shares (4,158 − 1,826), with an implied net value of roughly $183,318 based on the $78.61 per-share amount used for withholding.

Key Details

Transaction dates: Vesting and acquisition reported for 2026-03-16; Form 4 filed 2026-03-17 (appears timely).
Prices reported: Vesting/acquisition price $0.00 (award); tax withholding price $78.61/share.
Shares involved: 4,158 RSUs vested; 1,826 shares withheld for taxes; net delivered = 2,332 shares.
Footnotes: (F1) RSUs were performance-based awards granted 3/17/2025 and determined to have satisfied performance on 3/16/2026; (F2) reporting person still holds additional unvested RSU grants (4,500; 4,620; 2,800 shares) with future vesting schedules; (F3) the 1,826 shares were withheld to satisfy tax withholding.
Filing timeliness: Filing date is the day after the vesting date and appears timely under Form 4 rules (not marked late).

Context

This was a vesting of previously granted performance RSUs (award), not an open-market purchase or discretionary sale. The “disposition” here is a standard share withholding to cover taxes, not a public sale of shares intended as a liquidity event.
For retail investors: awards vesting and routine tax-withholdings are common insider paperwork and do not, by themselves, indicate buying or selling for market-view purposes.

Form 4

Period: 2026-03-16

EXECUTIVE VP & GENERAL COUNSEL

Transactions

Award
Common Stock
[F1][F2]
2026-03-16+4,158→ 51,047 total
Tax Payment
Common Stock
[F3][F2]
2026-03-16$78.61/sh−1,826$143,542→ 49,221 total

Footnotes (3)

[F1]Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on March 17, 2025. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee effective on March 16, 2026, resulting in the immediate vesting of the restricted stock units as to 4,158 shares of Common Stock.
[F2]Includes (i) 4,500 shares of restricted stock units that vest in three substantially equal installments on each of March 3, 2027, March 3, 2028 and March 3, 2029, (ii) 4,620 shares of restricted stock units that vest in three substantially equal installments on each of March 17, 2026, March 17, 2027 and March 17, 2028, and (iii) 2,800 shares of restricted stock units that vest in two substantially equal installments on each of March 20, 2026 and March 20, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
[F3]Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units referenced in footnote (1).

Signature

/s/ Creighton K. Early, Attorney-in-fact for Micah Chen|2026-03-17

1 file