CHEN MICAH 4

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.