Willdan Group (WLDN) director gains 24,750 shares via award vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brisbin Thomas Donald reported acquisition or exercise transactions in this Form 4 filing.
Willdan Group director Thomas Donald Brisbin received 24,750 shares of Common Stock through vesting of a prior performance-based equity award. These shares came from restricted stock units granted on March 7, 2023, after performance conditions were certified as met on March 11, 2026. Following this vesting, he directly owns 95,446 shares, which also include 1,781 restricted shares scheduled to vest on June 11, 2026 and 1,124 restricted shares scheduled to vest on June 12, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brisbin Thomas Donald
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 95,446 shares (Direct)
Footnotes (1)
- 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, 2026, resulting in the immediate vesting of the restricted stock units as to 24,750 shares of Common Stock. Includes (i) 1,781 shares of restricted stock that vest on June 11, 2026, and (ii) 1,124 shares of restricted stock that vest on June 12, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
FAQ
What did Willdan Group (WLDN) director Thomas Donald Brisbin report in this Form 4?
He reported acquiring 24,750 shares of Common Stock at no cost through vesting of previously granted performance-based restricted stock units. The units were granted on March 7, 2023 and vested once performance conditions were certified as satisfied on March 11, 2026.
Was this Willdan Group (WLDN) Form 4 transaction an open-market purchase or sale?
It was neither an open-market purchase nor a sale. The Form 4 shows a grant or award acquisition coded as “A,” reflecting vesting of performance-based restricted stock units at a price of $0.00 per share instead of a market trade on an exchange.
Does Thomas Donald Brisbin have additional unvested Willdan Group (WLDN) restricted stock?
Yes. His holdings include 1,781 shares of restricted stock that vest on June 11, 2026 and 1,124 shares that vest on June 12, 2026. These future vestings are contingent on his continued service with Willdan Group through the respective vesting dates.