CHEN MICAH 4
4 · Willdan Group, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Willdan (WLDN) Exec VP Micah Chen Receives Award; 1,660 Shares Withheld
What Happened
Micah Chen, Executive Vice President & General Counsel of Willdan Group, had 3,780 performance-based restricted stock units (RSUs vest) on March 25, 2026 (award recorded as an acquisition at $0.00). To satisfy tax withholding on the vested award, 1,660 shares were withheld/disposed at $82.80 per share, totaling $137,448. This was a vesting/tax-withholding event (routine), not an open-market purchase or discretionary sale.
Key Details
- Transaction date: 2026-03-25; Form 4 filed 2026-03-26 (appears timely).
- Awarded/vested: 3,780 shares (performance-based RSUs; acquisition code A, $0.00).
- Withheld/disposed for taxes: 1,660 shares at $82.80 each = $137,448 (code F).
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: The 3,780 vested RSUs were part of a performance grant made March 20, 2024; performance conditions were certified March 25, 2026, causing immediate vesting.
- F2: Reporting person still holds additional unvested RSUs: 4,500 shares vesting in three equal installments (Mar 3, 2027–2029), 3,080 shares vesting in two installments (Mar 17, 2027–2028), and 1,400 shares vesting Mar 20, 2027, subject to continued service.
- F3: The 1,660-share disposal represents shares withheld to satisfy tax withholding obligations on the vested performance RSUs.
Context
- This filing reflects vesting and tax withholding (common, administrative). It is not an indicator of a new buy/sell signal from the insider.
- For retail investors, purchases are generally more informative; vesting + withholding is standard compensation mechanics and should be interpreted accordingly.
Insider Transaction Report
Form 4
CHEN MICAH
EXECUTIVE VP & GENERAL COUNSEL
Transactions
- Award
Common Stock
[F1][F2]2026-03-25+3,780→ 51,710 total - Tax Payment
Common Stock
[F3][F2]2026-03-25$82.80/sh−1,660$137,448→ 50,050 total
Footnotes (3)
- [F1]Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on March 20, 2024. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee effective on March 25, 2026, resulting in the immediate vesting of the restricted stock units as to 3,780 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) 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.
- [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|2026-03-26