4/A: Forager Fund Amends Form 4 to Disclose Additional Sale of Willdan Group Shares
SEC Form 4/A
Forager Fund, a significant shareholder of Willdan Group, has amended its initial Form 4 filing to include the sale of 78,986 shares of common stock on March 28, 2024.
Summary
- Forager Fund, L.P. has amended its Form 4 filing related to Willdan Group, Inc.
- The amendment adds a sale of 78,986 shares of Willdan Group's common stock that occurred on March 28, 2024.
- The shares were sold at a price of $29.0604 per share.
- Following the transaction, Forager Fund beneficially owns 1,798,624 shares of Willdan Group.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative as a large shareholder is reducing their position. This could indicate a lack of confidence or a portfolio rebalancing strategy.
Negatives
- Forager Fund reduced its stake in Willdan Group by selling 78,986 shares.
Risks
- Continued selling pressure from Forager Fund could negatively impact Willdan Group's stock price.
Industry Context
Form 4 filings are standard practice for significant shareholders to report changes in their ownership positions, providing transparency to the market.
Stakeholder Impact
- The sale of shares by Forager Fund could potentially impact shareholder confidence and the stock price of Willdan Group.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of Earliest Transaction |
| 03/28/2024 | Original Form 4 Filed Date |
| 03/28/2024 | Date of Sale of 78,986 shares |
| 03/28/2024 | Date of Amendment Filing |
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