Willdan Group (WLDN) EVP & General Counsel gains stock from RSU vesting
Rhea-AI Filing Summary
Willdan Group executive Micah Chen reported equity compensation activity. On March 16, 2026, Chen acquired 4,158 shares of Willdan Group common stock through the vesting of previously granted performance-based restricted stock units after the company’s compensation committee determined the performance conditions were satisfied.
In connection with this vesting, 1,826 shares were withheld at $78.61 per share to cover tax obligations, a non-market disposition that does not represent an open-market sale. After these transactions, Chen directly owned 49,221 shares of Willdan Group common stock, reflecting a net increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CHEN MICAH
Role
EXECUTIVE VP & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,158 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,826 | $78.61 | $144K |
Holdings After Transaction:
Common Stock — 51,047 shares (Direct)
Footnotes (1)
- Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on March 17, 2025. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee effective on March 16, 2026, resulting in the immediate vesting of the restricted stock units as to 4,158 shares of Common Stock. 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, and (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, 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).
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FAQ
What insider transactions did Willdan Group (WLDN) report for Micah Chen?
Micah Chen received 4,158 Willdan Group shares from vested performance-based restricted stock units and had 1,826 shares withheld for taxes. These actions are compensation-related, not open-market trades, and increased his direct common stock holdings to 49,221 shares.
Were Micah Chen’s Willdan Group (WLDN) transactions open-market buys or sells?
No, the Form 4 shows no open-market buying or selling. Chen’s 4,158 shares were acquired through vesting of performance-based restricted stock units, and 1,826 shares were withheld solely to satisfy tax obligations associated with that vesting.
What triggered the vesting of Micah Chen’s performance-based RSUs at Willdan Group (WLDN)?
The vesting occurred after Willdan Group’s compensation committee determined the performance conditions were satisfied effective March 16, 2026. That determination caused 4,158 performance-based restricted stock units granted on March 17, 2025 to immediately vest into common shares.
Does Micah Chen’s tax withholding disposition in Willdan Group (WLDN) indicate a bearish sale?
No, the 1,826-share disposition reflects shares withheld to pay taxes on vested performance-based restricted stock units. Such F-code transactions are mechanical tax-withholding events, not discretionary open-market sales or directional bets on Willdan Group’s share price.