Form 4: Willdan Group CEO Michael Bieber Reports Stock Transaction to SEC
SEC Filing Form 4
Willdan Group's CEO, Michael Bieber, reports the withholding of shares to cover tax obligations related to vesting restricted stock.
Summary
- Michael Bieber, the President and CEO of Willdan Group, Inc., filed a Form 4 with the SEC on March 11, 2025.
- The filing reports a transaction on March 7, 2025, where 2,429 shares of common stock were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock.
- Following the transaction, Bieber beneficially owns 171,579 shares of Willdan Group, Inc.
- This includes shares purchased under the Employee Stock Purchase Plan and restricted stock units vesting in future years.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| March 7, 2023 | Date of restricted stock grant. |
| December 31, 2024 | Date of Employee Stock Purchase Plan shares purchase. |
| March 7, 2025 | Date of stock transaction (tax withholding). |
| March 7, 2025 | Date of restricted stock vesting. |
| March 20, 2025 | First vesting date of restricted stock units. |
| March 7, 2026 | Vesting date of restricted stock. |
| March 20, 2026 | Second vesting date of restricted stock units. |
| March 20, 2027 | Third vesting date of restricted stock units. |
| March 11, 2025 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.