home · filing · 0001104659-21-129490
8-K filed October 25, 2021, 7:59 PM ET
ticker WLDN
CIK 0001370450
leadership
confidence high
sentiment neutral
materiality 0.60
Chief Strategy Officer Adam Procell resigns from Willdan Group effective Oct 19, 2021
Willdan Group, Inc.
Mr. Procell will provide transition consulting services for up to 4 hours/week for 6 months or until new full-time employment.
Severance of $185,390.40 payable over 6 months in equal installments; COBRA premiums paid through Dec 31, 2021.
All outstanding Restricted Stock and Performance-Based Restricted Stock Units fully vested as of Oct 19, 2021.
Company and executive mutually release claims; non-disparagement and confidentiality obligations apply.
Separation agreement filed as Exhibit 10.1; non-compete obligations terminate on separation date.
Executive movements
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Departed
Adam Procell
Chief Strategy Officer
WLDN ·
Willdan Group, Inc.
Effective 2021-10-19
Filed October 25, 2021, 7:59 PM ET
On October 19, 2021, Mr. Adam Procell notified the Company of his resignation from his position as Chief Strategy Officer of Willdan Group, Inc.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Adam Procell resigned as Chief Strategy Officer at Willdan Group, Inc..
Action resigned
Role Chief Strategy Officer
Exact text from the filing
On October 19, 2021, Mr. Adam Procell notified the Company of his resignation from his position as Chief Strategy Officer of Willdan Group, Inc.
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-21-129490
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