secwatch.observer — SEC 8-K summary
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Issuer:     Willdan Group, Inc. (WLDN)
CIK:        0001370450
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001558370-24-002215
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willdan enters consulting agreement with former CEO Thomas Brisbin at $25,200/month
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- Thomas D. Brisbin resigned as CEO on Dec 29, 2023; consulting agreement signed Feb 28, 2024.
- Consulting fee $25,200 per month plus expense reimbursement; annualized $302,400.
- Brisbin remains eligible to vest in outstanding equity awards under 2008 Performance Incentive Plan.
- Agreement can be terminated by either party with 5 days' written notice.
- Scope includes management transition, business development, technology development, and sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370450/000155837024002215/0001558370-24-002215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370450/000155837024002215/wldn-20240228x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-002215

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