CHEN MICAH 4

What Happened
Micah Chen, Executive Vice President & General Counsel of Willdan Group, had 676 shares withheld on March 17, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $78.29 each, totaling approximately $52,924. This was a tax-withholding/net share settlement (transaction code F), not an open‑market sale or purchase.

Key Details

• Transaction date: March 17, 2026; Filing date: March 19, 2026 (filed two days after the transaction).
• Price per share: $78.29; Shares withheld/disposed: 676; Total value: ~$52,924.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote F1: Withheld shares satisfy tax withholding for RSUs that vested on March 17, 2026; those RSUs were granted March 17, 2025.
• Footnote F2: Chen retains additional unvested RSUs: 4,500 vests in three installments (Mar 3, 2027/2028/2029); 3,080 vests in two installments (Mar 17, 2027 & Mar 17, 2028); 2,800 vests in two installments (Mar 20, 2026 & Mar 20, 2027), subject to continued service.

Context
This was a routine cashless/withholding transaction to cover taxes on vested restricted stock — common for executives and not an expressed bullish purchase. Such withholdings reduce issued shares rather than indicate a market sell decision.