Form 4: Willdan Group CEO Michael Bieber Awarded 19,250 Restricted Stock Units

Willdan Group's CEO, Michael Bieber, received 19,250 restricted stock units on March 17, 2025, which vest in three equal installments starting March 2026.

Summary

• Michael A. Bieber, the President and CEO of Willdan Group, Inc. (WLDN), was granted 19,250 restricted stock units on March 17, 2025.
• These restricted stock units will vest in three substantially equal installments on March 17, 2026, March 17, 2027, and March 17, 2028, contingent upon Bieber's continued service to the company.
• Following this transaction, Bieber beneficially owns a total of 196,531 shares, including previously granted restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of restricted stock units is a standard practice and indicates confidence in the CEO's continued leadership and the company's future prospects.

Positives

• The granting of restricted stock units aligns the CEO's interests with the long-term performance of the company.
• The vesting schedule incentivizes continued service and commitment from the CEO.

Risks

• The value of the restricted stock units is dependent on the future stock price of Willdan Group, which is subject to market fluctuations.
• If the CEO leaves the company before the vesting dates, the unvested restricted stock units will be forfeited.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

Granting stock options and restricted stock units is a common practice in the industry to incentivize and retain key executives. This aligns management's interests with those of shareholders.

Comparison to Industry Standards

• Equity compensation for CEOs in similar companies typically includes a mix of stock options, restricted stock units, and performance-based awards.
• The vesting schedule of three years is fairly standard in the industry, aligning with long-term performance goals.
• Comparable companies such as Tetra Tech and AECOM also utilize equity compensation to incentivize their executives.

Stakeholder Impact

• Shareholders: Aligns CEO's interests with long-term company performance.
• Employees: May boost morale by demonstrating confidence in leadership.
• CEO: Provides incentive for continued service and performance.

Key Dates

Keywords

restricted stock units, Willdan Group, WLDN, Michael Bieber, CEO, beneficial ownership, stock options, equity compensation, Form 4