Form 4: Willdan Group Executive VP Micah Chen Reports Acquisition of Restricted Stock Units
SEC Form 4
Micah Chen, Executive VP & General Counsel of Willdan Group, reports the acquisition of 4,620 restricted stock units.
Summary
- Micah Chen, Executive VP & General Counsel of Willdan Group, Inc., filed a Form 4 on March 19, 2025, reporting a transaction on March 17, 2025.
- Chen acquired 4,620 shares of common stock in the form of restricted stock units.
- These restricted stock units were awarded by the Issuer on March 17, 2025, and will vest in three substantially equal installments on March 17, 2026, March 17, 2027, and March 17, 2028, contingent upon continued service to the Issuer.
- Following the reported transaction, Chen beneficially owns 36,991 shares of common stock, including previously awarded restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.
Stakeholder Impact
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Acquisition of restricted stock units. |
| 03/17/2025 | Date of award of restricted stock units. |
| 03/20/2025 | Vesting date of some previously awarded restricted stock units. |
| 03/07/2026 | Vesting date of some previously awarded restricted stock. |
| 03/17/2026 | First vesting date of the newly acquired restricted stock units. |
| 03/20/2026 | Vesting date of some previously awarded restricted stock units. |
| 03/17/2027 | Second vesting date of the newly acquired restricted stock units. |
| 03/20/2027 | Vesting date of some previously awarded restricted stock units. |
| 03/17/2028 | Final vesting date of the newly acquired restricted stock units. |
| 03/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Willdan Group, WLDN, Restricted Stock Units, Beneficial Ownership, Micah Chen, Executive VP, General Counsel
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