Form 4: Willdan Group CEO Michael Bieber Reports Stock Transaction
SEC Form 4
Willdan Group's CEO, Michael Bieber, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 20, 2025, Michael Bieber, the President and CEO of Willdan Group, Inc., had 3,054 shares of common stock withheld to satisfy tax obligations.
- This withholding was related to the vesting of restricted stock units granted on March 20, 2024.
- Following the transaction, Bieber beneficially owns 193,477 shares of Willdan Group, Inc.
- These holdings include restricted stock units vesting in installments through March 2028, subject to continued service.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the CEO's stock ownership and transactions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the CEO's compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of grant for the restricted stock units. |
| 03/07/2026 | Vesting date for 4,434 shares of restricted stock. |
| 03/17/2026 | First vesting date for 19,250 restricted stock units. |
| 03/20/2025 | Date of stock transaction (tax withholding). |
| 03/20/2026 | First vesting date for 11,667 restricted stock units. |
| 03/17/2027 | Second vesting date for 19,250 restricted stock units. |
| 03/20/2027 | Second vesting date for 11,667 restricted stock units. |
| 03/17/2028 | Final vesting date for 19,250 restricted stock units. |
| 03/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Willdan Group, Michael Bieber, Form 4, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Tax Withholding
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