Willdan Group (WLDN) EVP has 410 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willdan Group, Inc. executive Micah Chen, Executive VP & General Counsel, had 410 shares of Common Stock withheld at $82.98 per share on March 9, 2026 to cover tax obligations from restricted stock vesting. After this tax-withholding disposition, Chen holds 44,667 shares directly, including restricted stock units scheduled to vest between 2026 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHEN MICAH
Role
EXECUTIVE VP & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 410 | $82.98 | $34K |
Holdings After Transaction:
Common Stock — 44,667 shares (Direct)
Footnotes (1)
- Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock on March 7, 2026, which restricted stock was granted on March 7, 2023. Includes (i) 4,500 shares of restricted stock units that vest in three substantially equal installments on each of March 3, 2027, March 3, 2028 and March 3, 2029, (ii) 4,620 shares of restricted stock units that vest in three substantially equal installments on each of March 17, 2026, March 17, 2027 and March 17, 2028, and (iii) 2,800 shares of restricted stock units that vest in two substantially equal installments on each of March 20, 2026 and March 20, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
FAQ
What insider transaction did Willdan Group (WLDN) report for Micah Chen?
Willdan Group reported that Micah Chen had 410 shares of Common Stock withheld at $82.98 per share. This was to satisfy tax obligations arising from restricted stock vesting, rather than an open-market sale of shares.
Was Micah Chen’s Willdan (WLDN) Form 4 transaction a stock sale?
No, the Form 4 shows a tax-withholding disposition of 410 shares, not an open-market sale. The shares were withheld by the company to cover taxes triggered by the vesting of previously granted restricted stock.
What caused the tax withholding reported in Willdan (WLDN) Micah Chen’s Form 4?
The tax withholding was triggered by the vesting of restricted stock on March 7, 2026. Those restricted shares had originally been granted on March 7, 2023, and their vesting created a tax obligation satisfied by withholding 410 shares.
What future equity vesting does Micah Chen have at Willdan (WLDN)?
Chen’s holdings include 4,500 restricted stock units vesting in three installments on March 3 of 2027, 2028, and 2029, plus additional units vesting on March 17 and March 20 in 2026, 2027, and 2028, subject to continued service.