Willdan Group (WLDN) director receives 1,241-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGinn Dennis V reported acquisition or exercise transactions in this Form 4 filing.
Willdan Group director Dennis V. McGinn received a grant of 1,241 shares of common stock as restricted stock on June 17, 2026. The award was granted at no cash cost to him and will vest on June 17, 2027, if the vesting conditions are met.
After this grant, McGinn directly holds a total of 12,571 shares of Willdan Group common stock, including the 1,241 restricted shares scheduled to vest in 2027. This filing reflects a routine compensation-related equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGinn Dennis V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,241 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,571 shares (Direct, null)
Footnotes (1)
- Represents shares of restricted stock awarded to the Reporting Person by the Issuer on June 17, 2026, which vest on June 17, 2027. Includes 1,241 shares of restricted stock that vest on June 17, 2027.
Key Figures
Restricted stock granted: 1,241 shares
Grant price: $0.00 per share
Total shares after grant: 12,571 shares
+1 more
4 metrics
Restricted stock granted
1,241 shares
Grant of common stock on June 17, 2026
Grant price
$0.00 per share
Stated transaction price for restricted stock award
Total shares after grant
12,571 shares
Direct holdings following the June 17, 2026 award
Restricted stock vesting date
June 17, 2027
Vesting date for 1,241 restricted shares
Key Terms
restricted stock, vest, Grant, award, or other acquisition
3 terms
restricted stock financial
"Represents shares of restricted stock awarded to the Reporting Person by the Issuer on June 17, 2026, which vest on June 17, 2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"Represents shares of restricted stock awarded ... on June 17, 2026, which vest on June 17, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Willdan Group (WLDN) report for Dennis V. McGinn?
Willdan Group reported that director Dennis V. McGinn received a grant of 1,241 shares of restricted common stock. The award was granted at no cash cost and represents equity-based compensation rather than an open-market purchase or sale.
Did Dennis V. McGinn buy or sell Willdan Group (WLDN) stock in the market?
No open-market trade occurred; Dennis V. McGinn received 1,241 restricted shares as a grant with a stated price of $0.00 per share. This is a compensation-related equity award, not a discretionary market purchase or sale.
What does the Form 4 code "A" mean in Willdan Group (WLDN) director’s filing?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. For Dennis V. McGinn, it reflects a 1,241-share restricted stock award, granted as part of his compensation rather than a transaction he initiated in the open market.