Form 4: Willdan Group Director Thomas Brisbin Exercises Options and Sells Shares
SEC Form 4 Filing
Director Thomas Brisbin of Willdan Group, Inc. exercised stock options and sold 20,000 shares of common stock on May 16, 2025.
Summary
- On May 16, 2025, Thomas Brisbin, a director of Willdan Group, Inc., exercised stock options to acquire 20,000 shares of common stock at a price of $13.91 per share.
- Simultaneously, Brisbin sold 20,000 shares of common stock at a weighted average price of $48.54, with individual sales ranging from $48.54 to $48.60.
- Following these transactions, Brisbin directly owns 422,454 shares of Willdan Group, Inc. common stock, which includes restricted stock vesting in June 2025, June 2026 and March 2026.
- Brisbin also continues to hold options for 30,000 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives and directors. It allows investors to monitor the buying and selling activity of those with intimate knowledge of the company's operations and prospects.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The information provided is consistent with SEC regulations and reporting requirements.
- Similar filings can be observed across the industry for companies like AECOM, Jacobs Engineering Group, and Tetra Tech, as their executives and directors manage their stock holdings.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
- The sale of shares by a director could be interpreted in various ways by the market, but the overall impact is likely to be minimal given the size of the transaction relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 06/05/2016 | Date stock options began vesting in three equal installments. |
| 06/05/2017 | Second vesting date for stock options. |
| 06/05/2018 | Third vesting date for stock options. |
| 06/05/2025 | Expiration date of stock options. |
| 05/16/2025 | Date of transaction: exercise of stock options and sale of shares. |
| 05/20/2025 | Date of filing. |
| 06/12/2025 | First vesting date for restricted stock. |
| 06/12/2026 | Second vesting date for restricted stock. |
| 03/07/2026 | Vesting date for restricted stock. |
Keywords
Willdan Group, Thomas Brisbin, stock options, Form 4, share sale, director, WLDN
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