Willdan director sells 4,905 shares after option
A Willdan Group director exercised stock options and sold the resulting 4,905 shares in the market.
Rhea-AI Filing Summary
Willdan Group, Inc. (WLDN) director Thomas Donald Brisbin exercised stock options for 4,905 shares of common stock on September 15, 2026 at an exercise price of $16.27 per share. He then sold 4,905 shares of common stock in open-market transactions the same day and held 22,635 options afterward. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,905 shares ($309K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Brisbin Thomas Donald
Role
Director
Sold
4,905 shs ($389K)
Approx. gross sale proceeds
$389K
Approx. exercise cost
$80K
Approx. pre-tax spread
$309K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) F4 | 4,905 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 4,905 | $16.27 | $80K |
| Sale | Common Stock F2, F1 | 4,005 | $79.01 | $316K |
| Sale | Common Stock F3, F1 | 900 | $80.91 | $73K |
Holdings After Transaction:
Stock Options (Right to Buy) — 22,635 contracts (Direct);
Common Stock — 96,687 shares (Direct)
Footnotes (4)
- F1. Includes 1,241 shares of restricted stock that vest on June 17, 2027.
- F2. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $79.00 to $79.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) and (3).
- F3. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $80.67 to $80.94, inclusive.
- F4. Stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan, which vested in three equal installments on each of November 3, 2017, November 3, 2018 and November 3, 2019.
Key Figures
Options exercised: 4,905 shares
Exercise price: $16.27 per share
Shares sold at $79.01: 4,005 shares
+3 more
6 metrics
Options exercised
4,905 shares
Stock options exercised into common stock on September 15, 2026
Exercise price
$16.27 per share
Exercise price of stock options converted into 4,905 shares
Shares sold at $79.01
4,005 shares
Weighted average sale price of one block of common shares on September 15, 2026
Shares sold at $80.91
900 shares
Weighted average sale price of second block of common shares on September 15, 2026
Options held after exercise
22,635 options
Stock options outstanding following the reported exercise
Restricted stock scheduled to vest
1,241 shares
Restricted shares vesting on June 17, 2027
Key Terms
weighted average price, restricted stock, vest
3 terms
weighted average price financial
"The price reported ... is the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"Includes 1,241 shares of restricted stock that 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
"Includes 1,241 shares of restricted stock that 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WLDN director Thomas Donald Brisbin report?
He reported exercising stock options for 4,905 shares of Willdan Group common stock on September 15, 2026 at an exercise price of $16.27 per share, then selling all 4,905 shares in open-market transactions the same day.
How many Willdan Group options does the reporting person hold after this Form 4?
After the reported exercise, he held 22,635 stock options representing rights to buy Willdan Group common stock, as of the Form 4 reporting date.
Were the WLDN insider sales made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions.
What restricted stock holdings does the WLDN director have according to the filing?
His holdings include 1,241 shares of restricted stock that are scheduled to vest on June 17, 2027, as disclosed in a footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.