CHEN MICAH 4
4 · Willdan Group, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Willdan (WLDN) EVP Micah Chen Withholds 615 Shares for Taxes
What Happened
Micah Chen, Executive Vice President & General Counsel of Willdan Group, had 615 shares of Willdan common stock withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $75.52 each for a total of $46,445. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date (reporting period): March 20, 2026; Form 4 filed March 23, 2026.
- Disposition: 615 shares withheld at $75.52 per share; total value reported $46,445.
- Transaction code: F — shares withheld to cover tax withholding on vesting.
- Shares owned after transaction: not disclosed in this filing.
- Footnote F1: Withholding relates to RSUs that vested on March 20, 2026; those RSUs were originally granted March 20, 2024.
- Footnote F2: The filing discloses additional outstanding/unvested RSUs: 4,500 RSUs vesting in three equal installments on Mar 3 of 2027–2029; 3,080 RSUs vesting in two installments on Mar 17 of 2027–2028; and 1,400 RSUs vesting on Mar 20, 2027, subject to continued service.
- Filing timeliness: filing date provided; the report does not indicate a late-filing flag.
Context
Share withholding to cover taxes on vested RSUs is a routine administrative transaction and does not represent a deliberate open-market sale or purchase signal by the insider. It reduces the insider’s outstanding share count but is commonly viewed as a non-informational event for interpreting insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-20$75.52/sh−615$46,445→ 47,930 total
Footnotes (2)
- [F1]Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units on March 20, 2026, which restricted stock was granted on March 20, 2024.
- [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) 3,080 shares of restricted stock units that vest in two substantially equal installments on each of March 17, 2027 and March 17, 2028, and (iii) 1,400 shares of restricted stock units that vest on March 20, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.