Form 4: Willdan Group CEO Michael Bieber Executes Stock Options and Sells Shares
SEC Form 4
Willdan Group's CEO, Michael Bieber, exercised stock options and sold 25,000 shares of common stock on May 16, 2025.
Summary
- On May 16, 2025, Michael Bieber, the President and CEO of Willdan Group, Inc. (WLDN), exercised stock options to acquire 25,000 shares of common stock at a price of $13.91 per share.
- Simultaneously, Bieber sold 25,000 shares of Willdan Group common stock at a weighted average price of $48.11, with individual sales ranging from $48.10 to $48.30.
- Following these transactions, Bieber directly owns 200,981 shares of Willdan Group common stock, which includes restricted stock units vesting over the next three years.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing detailing stock transactions. The exercise and sale could be for various personal financial reasons and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Executive stock transactions are common and are closely watched by investors as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction is a routine disclosure under Section 16 of the Securities Exchange Act of 1934.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The vesting schedules and exercise prices are typical for such arrangements.
- Monitoring insider transactions is a standard practice in financial analysis to gauge sentiment and potential future actions.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to the potential dilution from the option exercise and the subsequent sale.
- However, the overall impact is likely to be minimal given the size of the transaction relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/05/2016 | First vesting date of stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan. |
| 06/05/2017 | Second vesting date of stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan. |
| 06/05/2018 | Third vesting date of stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan. |
| 03/07/2026 | Vesting date for 4,434 shares of restricted stock. |
| 03/17/2026 | First vesting date for 19,250 shares of restricted stock units. |
| 03/20/2026 | First vesting date for 11,667 shares of restricted stock units. |
| 03/17/2027 | Second vesting date for 19,250 shares of restricted stock units. |
| 03/20/2027 | Second vesting date for 11,667 shares of restricted stock units. |
| 03/17/2028 | Third vesting date for 19,250 shares of restricted stock units. |
| 05/16/2025 | Date of stock option exercise and stock sale. |
| 05/20/2025 | Date of Form 4 filing. |
| 06/05/2025 | Expiration date of stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan. |
Keywords
Willdan Group, WLDN, Michael Bieber, stock options, stock sale, Form 4, insider trading, executive compensation, restricted stock units
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