Form 4: Willdan Group Executive VP Micah Chen Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Micah Chen, Executive VP & General Counsel of Willdan Group, Inc., reports the disposal of 613 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 20, 2025, Micah Chen, Executive VP & General Counsel of Willdan Group, Inc., disposed of 613 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld at a price of $43.06 per share.
- Following the transaction, Chen beneficially owns 36,378 shares of Willdan Group, Inc.
- This includes restricted stock units vesting in installments through March 2028.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (tax-related stock disposal) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine tax-related stock disposals, which are common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date restricted stock was granted. |
| 03/20/2025 | Date of stock disposal for tax withholding. |
| 03/17/2026 | First vesting date for 4,620 restricted stock units. |
| 03/20/2026 | First vesting date for 2,800 restricted stock units. |
| 03/07/2026 | Vesting date for 934 shares of restricted stock. |
| 03/17/2027 | Second vesting date for 4,620 restricted stock units. |
| 03/20/2027 | Second vesting date for 2,800 restricted stock units. |
| 03/17/2028 | Third vesting date for 4,620 restricted stock units. |
| 03/24/2025 | Date of Form 4 filing. |
Keywords
Form 4, Willdan Group, WLDN, Micah Chen, Executive VP, General Counsel, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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