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

Sentiment:

SEC Form 4 Filing


Forager Fund, L.P., along with Edward Kissel and Robert MacArthur, reported selling shares of Willdan Group, Inc. (WLDN) between June 6 and June 10, 2024.

Summary

  • Forager Fund, L.P. sold shares of Willdan Group, Inc. (WLDN) in multiple transactions between June 6 and June 10, 2024.
  • On June 6, 2024, 12,840 shares were sold at a weighted average price of $32.0297.
  • On June 7, 2024, 10,753 shares were sold at a weighted average price of $31.4688.
  • On June 10, 2024, 11,000 shares were sold at a weighted average price of $31.0147.
  • Following these transactions, Forager Fund, L.P. directly holds 1,475,837 shares.
  • Edward Kissel directly holds 11,402 shares, his spouse holds 1,775 shares, and Robert MacArthur directly holds 271 shares.
  • Kissel and MacArthur, as principals of Forager Capital Management, LLC, disclaim beneficial ownership of the shares held by the fund except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

This Form 4 filing indicates changes in beneficial ownership of Willdan Group, Inc. shares by a significant shareholder. Such filings are common and provide transparency into the trading activities of insiders and major stakeholders, which can be relevant for investors monitoring the stock.

Stakeholder Impact

  • The sale of shares by a major shareholder like Forager Fund, L.P. could potentially influence the market's perception of Willdan Group, Inc., impacting current shareholders.
  • The transactions may affect the stock's liquidity and trading volume in the short term.

Key Dates

DateDescription
06/06/2024Forager Fund, L.P. sold 12,840 shares of Willdan Group, Inc.
06/07/2024Forager Fund, L.P. sold 10,753 shares of Willdan Group, Inc.
06/10/2024Forager Fund, L.P. sold 11,000 shares of Willdan Group, Inc.
06/10/2024Date of signatures for the Form 4 filing.

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