Willdan Group (WLDN) CEO equity vesting: 15,750 shares earned, 6,444 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willdan Group, Inc. President and CEO Michael A. Bieber reported the vesting of performance-based restricted stock units into 15,750 shares of Common Stock after performance conditions were certified on March 25, 2026. These shares were granted at no cash cost to him.
To cover related tax withholding obligations, the company withheld 6,444 shares of Common Stock valued at $82.80 per share, a non-market disposition. After these routine compensation-related transactions, Bieber directly holds 249,525 shares of Common Stock, plus additional unvested restricted stock units scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BIEBER MICHAEL A
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,750 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,444 | $82.80 | $534K |
Holdings After Transaction:
Common Stock — 255,969 shares (Direct)
Footnotes (1)
- Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on March 20, 2024. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee effective on March 25, 2026, resulting in the immediate vesting of the restricted stock units as to 15,750 shares of Common Stock. 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. Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units referenced in footnote (1).
FAQ
What insider transactions did Willdan Group (WLDN) CEO Michael Bieber report?
Michael Bieber reported the vesting of 15,750 performance-based restricted stock units into Common Stock and the withholding of 6,444 shares to satisfy tax obligations. These are compensation-related events rather than open-market purchases or sales, reflecting routine equity award vesting.
Were Michael Bieber’s Willdan Group (WLDN) transactions open-market buys or sells?
The filing shows no open-market buys or sells. Shares were acquired through vesting of 15,750 performance-based restricted stock units and 6,444 shares were withheld by the company for tax obligations, a non-market disposition typical of equity award vesting events.
What performance-based awards vested for Willdan Group (WLDN) CEO Michael Bieber?
Performance-based restricted stock units granted on March 20, 2024 vested into 15,750 shares after the Compensation Committee determined performance conditions were satisfied on March 25, 2026. This conversion from units to shares represents compensation earned under the company’s performance-based equity program.
What unvested equity awards does the Willdan Group (WLDN) CEO still have?
The filing notes remaining unvested restricted stock units of 18,000 shares vesting in three installments in 2027–2029, 12,834 shares vesting in two installments in 2027–2028, and 5,834 shares vesting in 2027, contingent on continued service with the company.