Tax withholding on stock vesting for Willdan (WLDN) CFO
Rhea-AI Filing Summary
Willdan Group, Inc.’s Executive VP and CFO Creighton K. Early reported a routine tax-related share disposition. On March 9, 2026, 4,307 shares of common stock were withheld at $82.98 per share to cover tax obligations tied to restricted stock vesting on March 7, 2026.
After this withholding, Early directly holds 75,175 shares, which include unvested restricted stock units: 5,625 RSUs vesting in three installments on March 3, 2027, 2028 and 2029; 4,620 RSUs vesting on March 17, 2026, 2027 and 2028; and 2,800 RSUs vesting on March 20, 2026 and 2027, subject to continued service.
Positive
- None.
Negative
- None.
FAQ
What did Willdan (WLDN) CFO report in this Form 4 filing?
The Form 4 shows Willdan’s CFO, Creighton K. Early, had 4,307 shares withheld to cover taxes on vested restricted stock. This was a non-market, tax-withholding disposition at $82.98 per share, not an open-market stock sale.
Was the Willdan (WLDN) CFO’s Form 4 transaction a stock sale?
No, the transaction was not an open-market sale. Shares were withheld to satisfy tax obligations when restricted stock vested, a common administrative process. The filing describes it as a tax-withholding disposition rather than a discretionary trade.
How many Willdan (WLDN) shares does the CFO hold after this transaction?
After the tax withholding, Creighton K. Early holds 75,175 shares of Willdan common stock directly. This total includes both currently owned shares and unvested restricted stock units that are scheduled to vest over several future dates.
What restricted stock units remain for the Willdan (WLDN) CFO after this Form 4?
The holding includes 5,625 RSUs vesting in three installments on March 3, 2027–2029, 4,620 RSUs vesting March 17, 2026–2028, and 2,800 RSUs vesting March 20, 2026–2027, all contingent on continued service with Willdan.
Why were 4,307 Willdan (WLDN) shares withheld from the CFO?
The 4,307 shares were withheld to meet tax withholding obligations related to restricted stock that vested on March 7, 2026. This mechanism pays required taxes using shares instead of separate cash payments.