MICAH CHEN - 11 Mar 2025 Form 4 Insider Report for Willdan Group, Inc. (WLDN)

Signature
/s/ Creighton K. Early, Attorney-in-fact for Micah Chen
Issuer symbol
WLDN
Transactions as of
11 Mar 2025
Net transactions value
-$48,212
Form type
4
Filing time
12 Mar 2025, 18:14:39 UTC
Previous filing
11 Mar 2025
Next filing
19 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +2,520 +8.1% $0.000000 33,573 11 Mar 2025 Direct F1, F2
transaction WLDN Common Stock Tax liability $48,212 -1,202 -3.6% $40.11 32,371 11 Mar 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on March 7, 2023. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee effective on March 11, 2025, resulting in the immediate vesting of the restricted stock units as to 2,520 shares of Common Stock.
F2 Includes (i) 4,200 shares of restricted stock units that vest in three substantially equal installments on each of March 20, 2025, March 20, 2026 and March 20, 2027 and (ii) 934 shares of restricted stock that vest on March 7, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F3 Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units referenced in footnote (1).