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Willdan Group (WLDN) awards 4,500 RSUs to general counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Willdan Group, Inc. reported that Executive Vice President and General Counsel Micah Chen acquired 4,500 shares of restricted stock units on March 3, 2026 as an equity award. These units vest in three equal installments on March 3, 2027, March 3, 2028, and March 3, 2029, contingent on continued service. Following this grant, Chen holds 45,077 shares of common stock, including several prior restricted stock unit and restricted stock awards and 154 shares purchased under the company’s employee stock purchase plan.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CHEN MICAH

(Last) (First) (Middle)
2401 EAST KATELLA AVENUE
SUITE 300

(Street)
ANAHEIM CA 92806

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Willdan Group, Inc. [ WLDN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EXECUTIVE VP & GENERAL COUNSEL
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 4,500(1) A $0 45,077(2)(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted stock units awarded to the Reporting Person by the Issuer on March 3, 2026, which vest in three substantially equal installments on each of March 3, 2027, March 3, 2028 and March 3, 2029, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
2. 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, (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 and (iv) 934 shares of restricted stock that vest on March 7, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
3. Includes 154 shares of Common Stock purchased under the Amended and Restated Willdan Group, Inc. 2006 Employee Stock Purchase Plan on December 31, 2025.
/s/ Creighton K. Early, Attorney-in-fact for Micah Chen 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Willdan Group (WLDN) report for Micah Chen?

Willdan Group reported an equity award to Micah Chen. He received 4,500 restricted stock units on March 3, 2026, which increase his total common stock holdings to 45,077 shares, combining vested shares, unvested awards, and shares from the employee stock purchase plan.

How many Willdan Group shares does Micah Chen hold after this Form 4 filing?

After the reported award, Micah Chen holds 45,077 shares of Willdan Group common stock. This total includes new and existing restricted stock units, restricted stock scheduled to vest on specific future dates, and 154 shares previously purchased through the company’s employee stock purchase plan.

What are the vesting terms of Micah Chen’s new 4,500 RSUs from Willdan Group?

The 4,500 restricted stock units vest in three substantially equal installments. Vesting dates are March 3, 2027, March 3, 2028, and March 3, 2029, and each tranche is conditioned on Micah Chen’s continued service with Willdan Group through the applicable vesting date.

What other unvested equity awards does Micah Chen have at Willdan Group?

Micah Chen’s holdings include 4,620 restricted stock units vesting in three installments on March 17, 2026, 2027, and 2028, 2,800 restricted stock units vesting in two installments on March 20, 2026 and 2027, and 934 restricted stock vesting on March 7, 2026, all subject to continued service.

Did Micah Chen buy or sell Willdan Group shares on the open market in this Form 4?

This Form 4 reports an equity award, not an open-market trade. The 4,500 shares were granted as restricted stock units at a stated price of $0.00 per share, reflecting a compensation grant rather than a market purchase or sale transaction.

What is Micah Chen’s role at Willdan Group related to this equity grant?

Micah Chen serves as Executive Vice President and General Counsel at Willdan Group. The restricted stock unit award reported in this Form 4 represents part of his equity-based compensation, aligning his interests with shareholders through time-based vesting tied to continued service with the company.
Willdan Group

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1.22B
14.28M
Engineering & Construction
Services-engineering Services
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United States
ANAHEIM