WLDN Willdan Group, Inc.

BEARISH Impact: 5/10 144
Horizon days Filed May 14, 2026 Processed 6d 19h ago SEC 0001950047-26-004548
Form 144 — notice of proposed sale of securities

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Executive Summary

CEO Michael Bieber filed a Form 144 on May 14, 2026, indicating intent to sell 56,676 shares of Willdan Group common stock, valued at approximately $5.19 million based on the filing date price. The shares were acquired via option exercise under a registered plan, and the sale is planned for the open market. This is a material insider sale by the CEO, representing a notable portion of his holdings, and comes without any disclosed offsetting insider buying.

Actionable Insight

Monitor for actual sale execution on Form 4 filings. If the full 56,676 shares are sold, it would represent a material insider cash-out. Compare to any subsequent insider buying or company announcements to gauge confidence. The stock's strong recent performance (+8.68% at T+5 on the last neutral report) may have prompted profit-taking.

Key Facts

  • CEO Michael Bieber filed Form 144 to sell 56,676 shares of WLDN common stock.
  • Estimated sale value: ~$5.19 million (based on 56,676 shares × ~$91.60 per share).
  • Shares were acquired through exercise of options under a registered plan.
  • Sale is planned for open market execution via Morgan Stanley Smith Barney.
  • No offsetting insider purchases or other bullish signals identified in the filing.

Financial Impact

CEO selling ~$5.19M worth of stock, representing a significant portion of his holdings relative to a $1.4B market cap company.

insider sellingdilution from option exercise

Risk Factors

  • Form 144 is an intent to sell; the sale may not be executed or may be for a smaller amount.
  • CEO selling could signal lack of confidence or be a routine portfolio diversification; context from recent company performance is needed.
  • Option exercise adds shares to the market, potentially creating overhang even if the sale is delayed.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Engineering Services
Analyst Consensus
89% bullish (9 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001950047-26-004548
Document: 0001950047-26-004548-index.html0001950047-26-004548
Document: 0001950047-26-004548.txt0001950047-26-004548
3 reports for WLDN
Performance horizon
Filters
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Reports for WLDN — sortable, filterable
Type Now
May 14, 2026
6d ago
144
BEARISH ★ 5/10
awaiting T+5
May 13, 2026
7d ago
144
NEUTRAL ★ 3/10
awaiting T+5
Apr 24, 2026
26d ago
DEFA14A
NEUTRAL ★ 3/10
$66.91 $72.72▲ +8.68%▲ +8.28%$90.87 (+35.81%)
Showing 3 of 3

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