secwatch.observer — SEC 8-K summary
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Issuer:     Willdan Group, Inc. (WLDN)
CIK:        0001370450
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001558370-23-000430
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370450/000155837023000430/0001558370-23-000430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370450/000155837023000430/wldn-20230119x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-000430

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer