Form 4: Willdan Group Director Sells Shares and Holds Restricted Stock

Sentiment:

SEC Form 4 Filing


Mohammad Shahidehpour, a director at Willdan Group, Inc., sold 2,273 shares of common stock at $39.20 per share on March 12, 2025, and still holds 12,767 shares, including restricted stock.

Summary

  • On March 12, 2025, Mohammad Shahidehpour, a director of Willdan Group, Inc., sold 2,273 shares of the company's common stock.
  • The sale price was $39.20 per share.
  • Following the transaction, Shahidehpour directly owns 12,767 shares of Willdan Group, Inc.
  • This total includes 2,248 shares of restricted stock vesting in two equal installments on June 12, 2025, and June 12, 2026, and 1,793 shares of restricted stock vesting on June 7, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral. It's a routine disclosure of a director selling shares. The presence of restricted stock vesting suggests continued alignment with the company's long-term performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
  • The vesting of restricted stock indicates an incentive for the director to contribute to the company's success.

Key Dates

DateDescription
03/12/2025Date of transaction: Sale of 2,273 shares of common stock.
03/13/2025Date of signature on the Form 4 filing.
06/07/2025Vesting date for 1,793 shares of restricted stock.
06/12/2025First vesting date for 2,248 shares of restricted stock (half vests).
06/12/2026Second vesting date for 2,248 shares of restricted stock (remaining half vests).

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