[144] Willdan Group, Inc. SEC Filing

Rhea-AI Filing Summary

Willdan Group, Inc. (WLDN) submitted a Form 144 notice for the proposed resale of 850 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $101,541.00. The filing shows the shares to be sold are part of restricted stock grants acquired on 12/06/2022 (661 shares) and 12/06/2023 (189 shares). The filing reports 14,665,087 shares outstanding and lists an approximate sale date of 08/14/2025 on NASDAQ. No securities were reported sold by the person in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Form 144 has been filed, demonstrating regulatory compliance with Rule 144 resale requirements
• Securities originate from restricted stock grants with clear acquisition dates (12/06/2022 and 12/06/2023)

Negative

• An insider proposes to sell 850 shares (aggregate value $101,541), which may be viewed negatively by some investors despite being a small amount

Insights

Securities Analyst

TL;DR: Routine resale notice for a modest block of restricted shares; unlikely to move valuations materially.

The Form 144 documents an intended public resale of 850 shares valued at $101,541 via Morgan Stanley Smith Barney. The shares derive from restricted stock grants issued in 2022 and 2023, indicating these are previously restricted insider holdings becoming eligible for resale under Rule 144. With 14.66 million shares outstanding, the quantity represents a very small fraction of outstanding equity. The filing contains no disclosures of recent sales by the holder and affirms no undisclosed material adverse information. From a market-impact perspective, this is a routine compliance filing rather than a material event.

Corporate Governance Expert

TL;DR: Filing shows standard compliance with disclosure obligations for planned insider resale of restricted grants.

The notice reflects governance and regulatory compliance: the filer identifies the broker, the class, acquisition dates, and the nature of acquisition as restricted stock. The seller’s signed representation that no material nonpublic information is known is standard and required. There are no indications of accelerated insider selling or coordination with other sales; the form also reports no sales in the prior three months. This aligns with expected procedures when restricted awards become eligible for public resale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	850	101541.00	14665087	08/14/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/06/2023	Restricted Stock	Issuer			189	12/06/2023	Not Applicable
Common	12/06/2022	Restricted Stock	Issuer			661	12/06/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed by WLDN disclose?

The Form 144 discloses a proposed resale of 850 shares of Willdan Group common stock valued at $101,541, to be sold through Morgan Stanley Smith Barney, with an approximate sale date of 08/14/2025.

Where did the 850 shares being sold come from?

The shares originate from restricted stock grants acquired on 12/06/2022 (661 shares) and 12/06/2023 (189 shares).

Has the filer sold any WLDN securities in the past three months?

No. The Form 144 states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker is handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.

How many Willdan shares are outstanding according to the filing?

The filing lists 14,665,087 shares outstanding.