---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-000430"
form_type: "8-K"
ticker: "WLDN"
cik: "0001370450"
company_name: "Willdan Group, Inc."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:39:26.285280+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Willdan SVP Business Development Paul Whitelaw resigns; gets $233K severance, equity acceleration

## Summary
- Paul Whitelaw resigned as SVP Business Development effective February 1, 2023.
- Separation agreement provides $233,342 severance (10 months salary) paid in equal installments over 10 months.
- All 6,280 unvested shares (3,800 RSA + 2,480 PBRSU at target) fully vest upon separation.
- Option exercise period for vested options extended through December 31, 2023.

## SEC filing metadata
- accession: 0001558370-23-000430
- form_type: 8-K
- ticker: WLDN
- cik: 0001370450
- company_name: Willdan Group, Inc.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370450/000155837023000430/0001558370-23-000430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370450/000155837023000430/wldn-20230119x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-000430
- JSON: https://secwatch.observer/filing/0001558370-23-000430.json
- Plain text: https://secwatch.observer/filing/0001558370-23-000430.txt

## Key facts
- Executive change
  Paul Whitelaw resigned as Senior Vice President, Business Development at Willdan Group, Inc..
  - Action: resigned
  - Role: Senior Vice President, Business Development
  source text: On January 19, 2023, Mr. Paul Whitelaw notified Willdan Group, Inc. (the “Company”) of his resignation from his position as Senior Vice President, Business Development of the Company and from all other positions he holds with the Company and each of its subsidiaries, effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370450/000155837023000430/0001558370-23-000430-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.