Form 4: Forager Fund, L.P. Reduces Stake in Willdan Group, Inc. Through Multiple Transactions

Forager Fund, L.P., along with Edward Kissel and Robert MacArthur, reported selling shares of Willdan Group, Inc. in a series of transactions between June 11 and June 13, 2024.

Summary

• Forager Fund, L.P. sold shares of Willdan Group, Inc. (WLDN) between June 11 and June 13, 2024.
• The transactions involved multiple sales at varying prices.
• On June 11, 2024, 10,000 shares were sold at a weighted average price of $30.2324.
• On June 12, 2024, 7,941 shares were sold at a weighted average price of $31.311.
• On June 13, 2024, 1,100 shares were sold at a weighted average price of $30.5652.
• Following these transactions, Forager Fund, L.P. directly holds 1,456,796 shares.
• Edward Kissel and Robert MacArthur, as principals of Forager Capital Management, LLC, share authority over these shares but disclaim beneficial ownership except to the extent of their pecuniary interest.
• Kissel and MacArthur also reported direct holdings of 11,402 and 271 shares respectively, and Kissel's spouse holds 1,775 shares.

Sentiment

Score: 4

Explanation: The sentiment is neutral to slightly negative as a major shareholder is reducing their position. This could be interpreted negatively by the market.

Negatives

• Forager Fund, L.P. reduced its stake in Willdan Group, Inc. through the sale of shares.

Stakeholder Impact

• The sale of shares by Forager Fund, L.P. could potentially impact shareholder confidence.

Key Dates