Form 4: Willdan CFO's RSU Vesting and Tax Withholding

Willdan Group, Inc. Executive VP and CFO Creighton K. Early reported the vesting of performance-based restricted stock units and subsequent tax-related share withholding.

Summary

• Creighton K. Early, Executive VP and CFO of Willdan Group, Inc. (WLDN), reported changes in beneficial ownership.
• On August 18, 2025, 2,732 shares of Common Stock vested from performance-based restricted stock units granted on August 2, 2022, with a transaction price of $0.
• Concurrently, 1,470 shares of Common Stock were disposed of at a price of $109.53 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Creighton K. Early beneficially owns 73,681 shares of Common Stock.
• The total beneficial ownership includes 4,620 restricted stock units vesting in three installments (March 17, 2026, 2027, 2028), 2,800 restricted stock units vesting in two installments (March 20, 2026, 2027), and 7,600 restricted stock units vesting on March 7, 2026.
• Beneficial ownership also includes 348 shares of Common Stock purchased under the Amended and Restated Willdan Group, Inc. 2006 Employee Stock Purchase Plan on June 30, 2025.

Sentiment

Score: 7

Explanation: The sentiment is positive as it reflects the successful vesting of performance-based compensation for an executive, indicating achieved company performance targets and continued alignment of executive interests with the company.

Positives

• The vesting of 2,732 performance-based restricted stock units indicates that the company's Compensation Committee determined performance conditions were satisfied, reflecting positively on company performance.
• The transaction demonstrates the company's commitment to its executive compensation plan, aligning management incentives with shareholder interests.

Negatives

• No direct negatives are apparent from this routine insider transaction.

Future Outlook

The filing indicates future vesting dates for additional restricted stock units and restricted stock through March 2028, contingent on the Reporting Person's continued service to the Issuer.

Industry Context

This filing is a routine insider transaction related to executive compensation and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The vesting of performance-based awards suggests that the company met certain performance criteria, which could be viewed positively.
• Employees: The filing highlights the company's executive compensation structure, which may influence broader employee compensation strategies and morale.

Next Steps

• Future vesting of 4,620 restricted stock units in three installments on March 17, 2026, March 17, 2027, and March 17, 2028.
• Future vesting of 2,800 restricted stock units in two installments on March 20, 2026, and March 20, 2027.
• Future vesting of 7,600 shares of restricted stock on March 7, 2026.

Key Dates

Keywords

Willdan Group, WLDN, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Creighton K. Early, CFO, Stock Ownership