CEO Michael Bieber Sells $5.19M in Stock After Option Exercise
WLDN has more than doubled off its 52-week low of $45.24.
Summary
Willdan Group's CEO and President, Michael A. Bieber, sold $5.19 million worth of company stock on the open market after exercising options, following a Form 144 filing for the same shares.
Key Events · Ownership and Investor Activity · WLDN
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CEO Sells $5.19 Million in Stock
Michael A. Bieber, President and CEO, sold 56,676 shares of common stock for a total value of $5,190,212.41 on the open market.
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Option Exercise Preceded Sale
The sale followed the exercise of stock options for 56,676 shares, with an acquisition value of $1,120,789.16.
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Follows Form 144 Filing
This transaction directly follows a Form 144 filed on May 14, 2026, by Mr. Bieber, indicating his intent to sell the same number of shares.
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Significant Executive Cash-Out
The net sale represents a substantial cash-out by a top executive, accounting for 0.453% of the company's market capitalization.
Analysis · WLDN · Trade & Services
Willdan Group's CEO and President, Michael A. Bieber, executed a substantial sale of company stock, cashing out over $5.19 million. This transaction involved exercising stock options and immediately selling the acquired shares on the open market. The sale follows a Form 144 filing on the same day, indicating a pre-declared intent to sell these shares. This significant cash-out by a key executive could be interpreted as a reduction in personal exposure, despite the company's recent positive financial results and acquisition news.
At the time of this filing, WLDN was trading at $92.12 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $45.24 to $137.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.