Form 4: Willdan Group Director Steven A. Cohen Acquires Restricted Stock

Sentiment:

SEC Form 4 Filing


Director Steven A. Cohen acquired 2,248 shares of restricted stock in Willdan Group, Inc. on June 12, 2024.

Summary

  • On June 12, 2024, Steven A. Cohen, a director of Willdan Group, Inc., acquired 2,248 shares of restricted stock.
  • These shares were awarded by the issuer and vest in two substantially equal installments on June 12, 2025, and June 12, 2026.
  • Following the transaction, Cohen beneficially owns 27,568 shares of Willdan Group, Inc. common stock, which includes 1,793 shares of restricted stock vesting on June 7, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director, which generally reflects a positive but not overwhelmingly significant sentiment.

Positives

  • The acquisition of restricted stock by a director signals confidence in the company's future performance.

Future Outlook

The vesting schedule of the restricted stock suggests a multi-year commitment by the director.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions. This filing indicates a director's continued investment in the company.

Stakeholder Impact

  • The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

DateDescription
06/12/2024Date of transaction: Steven A. Cohen acquired 2,248 shares of restricted stock.
06/07/20251,793 shares of restricted stock vest.
06/12/2025First vesting date for the newly acquired restricted stock.
06/12/2026Second vesting date for the newly acquired restricted stock.
06/13/2024Date of Form 4 filing.

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