Willdan Group (WLDN) CEO sells 9,991 shares at $92.65 after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willdan Group, Inc. President and CEO Michael A. Bieber exercised stock options and sold the resulting shares in a same‑day transaction. He exercised options for 9,991 shares of common stock at $16.27 per share, then sold 9,991 shares at a weighted average of $92.65 per share, with individual sale prices ranging from $92.50 to $92.85. After these transactions, he directly holds 249,525 shares of common stock and 40,009 stock options. His position also includes restricted stock units covering 18,000, 12,834, and 5,834 shares that vest in installments between 2027 and 2029, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,991 shares ($925,666)
Net Sell
3 txns
Insider
BIEBER MICHAEL A
Role
PRESIDENT AND CEO
Sold
9,991 shs ($926K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 9,991 | $0.00 | -- |
| Exercise | Common Stock | 9,991 | $16.27 | $163K |
| Sale | Common Stock | 9,991 | $92.65 | $926K |
Holdings After Transaction:
Stock Options (Right to Buy) — 40,009 shares (Direct, null);
Common Stock — 259,516 shares (Direct, null)
Footnotes (1)
- Includes (i) 18,000 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) 12,834 shares of restricted stock units that vest in two substantially equal installments on each of March 17, 2027 and March 17, 2028, and (iii) 5,834 shares of restricted stock units that vest on March 20, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $92.50 to $92.85, inclusive. The Reporting Person undertakes to provide to Willdan Group, Inc., any security holder of Willdan Group, Inc., 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. 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
Shares sold: 9,991 shares
Weighted average sale price: $92.65 per share
Option exercise price: $16.27 per share
+5 more
8 metrics
Shares sold
9,991 shares
Common stock sold in open-market transactions on May 13, 2026
Weighted average sale price
$92.65 per share
Common stock sale price range $92.50–$92.85
Option exercise price
$16.27 per share
Stock options exercised for 9,991 shares of common stock
Shares held after transaction
249,525 shares
Common stock directly owned by CEO after reported trades
Options remaining
40,009 options
Stock options held after exercising 9,991 options
RSUs vesting 2027–2029
18,000 shares
Restricted stock units vesting in three installments on Mar 3, 2027–2029
RSUs vesting 2027–2028
12,834 shares
Restricted stock units vesting in two installments on Mar 17, 2027–2028
Single-tranche RSUs
5,834 shares
Restricted stock units vesting on Mar 20, 2027
Key Terms
restricted stock units, weighted average price, derivative security, Performance Incentive Plan
4 terms
restricted stock units financial
"Includes (i) 18,000 shares of restricted stock units that vest in three substantially equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 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.
derivative security financial
"transaction_action": "derivative exercise/conversion","transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Performance Incentive Plan financial
"Stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan"
FAQ
What did Willdan Group (WLDN) CEO Michael A. Bieber do in this Form 4?
Michael A. Bieber exercised stock options and sold the resulting shares. He exercised options for 9,991 shares at $16.27 each, then sold 9,991 shares at a weighted average price of $92.65 per share in multiple transactions.
What stock options did the Willdan Group (WLDN) CEO exercise?
He exercised stock options covering 9,991 shares of common stock at an exercise price of $16.27 per share. These options were granted under the Amended and Restated 2008 Performance Incentive Plan and vested in three equal installments from 2017 to 2019.
What unvested equity awards does the Willdan Group (WLDN) CEO still have?
His position includes restricted stock units for 18,000 shares vesting in three installments in 2027, 2028, and 2029; 12,834 shares vesting in two installments in 2027 and 2028; and 5,834 shares vesting in 2027.
Were the Willdan Group (WLDN) CEO’s sale prices fixed or in a range?
The sale prices were reported as a weighted average of $92.65 per share. The Form 4 notes that individual trades occurred in multiple transactions at prices ranging from $92.50 to $92.85 per share, inclusive.