Form 4: Forager Fund, L.P. Sells Shares of Willdan Group, Inc. (WLDN)

Sentiment:

SEC Form 4 Filing


Forager Fund, L.P., along with related individuals, reported the sale of 460 shares of Willdan Group, Inc. at a weighted average price of $29.2788 on June 20, 2024.

Summary

  • On June 20, 2024, Forager Fund, L.P. sold 460 shares of Willdan Group, Inc. (WLDN) common stock.
  • The sale was executed at a weighted average price of $29.2788 per share, with individual transactions ranging from $29.26 to $29.29.
  • Following the transaction, Forager Fund, L.P. directly holds 144,995 shares.
  • Edward Kissel directly holds 11,402 shares, Robert MacArthur directly holds 271 shares, and Kissel's spouse directly holds 1,775 shares.
  • Kissel and MacArthur, as principals of Forager Capital Management, LLC, the general partner of Forager Fund, L.P., share authority over the fund's shares but disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it simply reports a transaction. The sale of shares could be interpreted in various ways, but without further context, it's a factual disclosure.

Negatives

  • Forager Fund, L.P. reduced its holdings in Willdan Group, Inc. by selling 460 shares.

Industry Context

This Form 4 filing indicates a change in the holdings of a significant shareholder, Forager Fund, L.P., in Willdan Group, Inc. Such filings are common and provide transparency into the trading activities of insiders and major shareholders, which can influence investor sentiment.

Stakeholder Impact

  • The sale of shares by a significant shareholder like Forager Fund, L.P. could potentially influence the market's perception of Willdan Group, Inc., affecting shareholder value.

Key Dates

DateDescription
06/20/2024Date of transaction: Sale of Willdan Group, Inc. shares by Forager Fund, L.P.
06/24/2024Date of signature for the Form 4 filing by Robert MacArthur and Edward Kissel.

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