Form 4: Willdan Group Director, Thomas Brisbin, Acquires 15,750 Shares of Common Stock Through Vesting of Restricted Stock Units

Director Thomas Brisbin acquired 15,750 shares of Willdan Group, Inc. common stock due to the vesting of performance-based restricted stock units.

Summary

• On March 11, 2025, Thomas Donald Brisbin, a director of Willdan Group, Inc., acquired 15,750 shares of common stock.
• This acquisition resulted from the vesting of performance-based restricted stock units previously granted on March 7, 2023.
• The performance conditions for these units were met on March 11, 2025, as determined by the Issuer's Compensation Committee.
• Following the transaction, Brisbin beneficially owns 422,454 shares of Willdan Group, Inc.
• These holdings include 2,248 shares of restricted stock vesting in two installments on June 12, 2025 and June 12, 2026, and 5,834 shares vesting on March 7, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The vesting of shares indicates that performance goals were met, which is a positive signal. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The vesting of performance-based restricted stock units indicates that performance goals were met, which could be viewed positively.

Industry Context

Form 4 filings are routine disclosures for company insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's acquisition of shares through vesting, which is a common form of compensation.

Comparison to Industry Standards

• Director stock ownership is common across publicly traded companies.
• The vesting of restricted stock units is a standard compensation practice to align director and shareholder interests.
• Comparing Brisbin's ownership percentage to other directors in similar-sized companies within the energy efficiency and infrastructure sector would provide a benchmark.

Stakeholder Impact

• The vesting of shares aligns the director's interests with those of shareholders.

Key Dates