Form 4: Willdan Group Director Thomas Brisbin Exercises Options and Sells Shares
SEC Form 4 Filing
Director Thomas Brisbin of Willdan Group, Inc. executed stock options and sold shares on May 21 and May 22, 2024.
Summary
- Thomas Brisbin, a director at Willdan Group, Inc., engaged in transactions involving the company's stock.
- On May 21, 2024, Brisbin exercised options to acquire 2,742 shares at a price of $7.13 per share and then sold those shares at a weighted average price of $32.12.
- On May 22, 2024, Brisbin exercised options to acquire 5,267 shares at a price of $7.13 per share and then sold those shares at a weighted average price of $32.16.
- Following these transactions, Brisbin directly owns 413,908 shares of common stock.
- Brisbin also holds 20,218 derivative securities in the form of stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 06/06/2015 | Date stock options were granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan. |
| 05/21/2024 | Thomas Brisbin exercised stock options and sold shares of Willdan Group, Inc. |
| 05/22/2024 | Thomas Brisbin exercised stock options and sold shares of Willdan Group, Inc. |
| 05/23/2024 | Date of the Form 4 filing. |
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