Forager Fund Amends Willdan Group Stake

Ticker: WLDN · Form: SC 13D/A · Filed: Jul 11, 2024 · CIK: 1370450

Willdan Group, Inc. SC 13D/A Filing Summary
FieldDetail
CompanyWilldan Group, Inc. (WLDN)
Form TypeSC 13D/A
Filed DateJul 11, 2024
Risk Levelmedium
Pages12
Reading Time14 min
Key Dollar Amounts$0.01, $32.84421, $33.21512, $33.01173, $33.45484
Sentimentneutral

Sentiment: neutral

Topics: 13D-filing, activist-investor, amendment

Related Tickers: WLDN

TL;DR

Forager Fund updated its Willdan Group stake filing. Watch for more details.

AI Summary

Forager Fund, L.P. has amended its Schedule 13D filing regarding Willdan Group, Inc. The filing, dated July 11, 2024, indicates a change in beneficial ownership. The specific details of the change, including the exact number of shares and percentage of ownership, are not fully detailed in this excerpt but represent an amendment to a previous filing.

Why It Matters

Amendments to Schedule 13D filings signal potential shifts in significant shareholder positions, which can influence stock price and corporate strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, introducing potential volatility.

Key Players & Entities

  • Forager Fund, L.P. (company) — Filing entity
  • Willdan Group, Inc. (company) — Subject company
  • Robert MacArthur (person) — Person authorized to receive notices

FAQ

What is the specific date of the event requiring this Schedule 13D/A filing?

The date of the event which requires filing of this statement is May 15, 2024.

Who is the subject company of this filing?

The subject company is Willdan Group, Inc.

Who is the entity filing the Schedule 13D/A amendment?

The entity filing is Forager Fund, L.P.

What is the CUSIP number for Willdan Group, Inc. common stock?

The CUSIP number for Willdan Group, Inc. Common Stock is 96924N100.

Where is Forager Fund, L.P. located?

Forager Fund, L.P. is located at 2024 3rd Ave N Suite 201, Birmingham, AL 35203.

Filing Stats: 3,503 words · 14 min read · ~12 pages · Grade level 8 · Accepted 2024-07-11 06:01:35

Key Financial Figures

  • $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
  • $32.84421 — Price per Share ($) 5/6/2024 10,830 $32.84421 5/7/2024 11,480 $33.21512 5/8/2024
  • $33.21512 — 024 10,830 $32.84421 5/7/2024 11,480 $33.21512 5/8/2024 5,707 $33.01173 5/9/2024 6
  • $33.01173 — 2024 11,480 $33.21512 5/8/2024 5,707 $33.01173 5/9/2024 62,836 $33.45484 5/9/2024
  • $33.45484 — 2024 5,707 $33.01173 5/9/2024 62,836 $33.45484 5/9/2024 10,131 $34.32515 5/10/2024
  • $34.32515 — 024 62,836 $33.45484 5/9/2024 10,131 $34.32515 5/10/2024 12,305 $32.91856 5/10/2024
  • $32.91856 — 24 10,131 $34.32515 5/10/2024 12,305 $32.91856 5/10/2024 2,920 $33.95057 5/10/2024
  • $33.95057 — 024 12,305 $32.91856 5/10/2024 2,920 $33.95057 5/10/2024 355 $34.63928 5/13/2024 1
  • $34.63928 — 0/2024 2,920 $33.95057 5/10/2024 355 $34.63928 5/13/2024 1,799 $32.31799 5/14/2024
  • $32.31799 — 0/2024 355 $34.63928 5/13/2024 1,799 $32.31799 5/14/2024 5,900 $32.065710 5/15/2024
  • $32.065710 — 2024 1,799 $32.31799 5/14/2024 5,900 $32.065710 5/15/2024 5,505 $32.604211 5/16/2024
  • $32.604211 — 024 5,900 $32.065710 5/15/2024 5,505 $32.604211 5/16/2024 1,060 $32.010412 6/6/2024
  • $32.010412 — 024 5,505 $32.604211 5/16/2024 1,060 $32.010412 6/6/2024 12,840 $32.029713 6/7/2024
  • $32.029713 — 024 1,060 $32.010412 6/6/2024 12,840 $32.029713 6/7/2024 10,753 $31.468814 6/10/2024
  • $31.468814 — 24 12,840 $32.029713 6/7/2024 10,753 $31.468814 6/10/2024 11,000 $31.014715 6/11/202

Filing Documents

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (a)-(b) The percentages of beneficial ownership reported in this Item 5, and on each Reporting Person's cover page to this Schedule 13D, are based on a total of 13,817,074 shares of Common Stock issued and outstanding as of May 1, 2024, as reported in the Issuer's quarterly report on Form 10-Q for the quarterly period ended March 29, 2024. Each Reporting Person's cover page to this Schedule 13D is incorporated by reference into this Item 5(a, b). The Reporting Persons, in the aggregate, beneficially own 1,523,163 shares of Common Stock of the Issuer as of May 15, 2024, and 1,267,438 shares of Common Stock of the Issuer as of July 9, 2024 and as of the date hereof, representing approximately 11.0% of such class of securities as of May 15, 2024 and 9.2% of such class of securities as of July 9, 2024 and as of the date hereof. The beneficial ownership of each Reporting Person is as follows: (i) the Fund beneficially owns 1,511,490 shares of Common Stock as of May 15, 2024 and 1,255,765 shares of Common Stock as of July 9, 2024 and as of the date hereof, representing approximately 10.9% of the class as of May 15, 2024 and 9.1% of the class as of July 9, 2024 and as of the date hereof; (ii) the GP, as the sole general partner of the Fund, beneficially owns 1,511,490 shares of Common Stock as of May 15, 2024 and 1,255,765 shares of Common Stock as of July 9, 2024 and as of the date hereof, representing approximately 10.9% of the class as of May 15, 2024 and 9.1% of the class as of July 9, 2024 and as of the date hereof; (iii) Mr. Kissel, as the managing partner of the GP, beneficially owns 1,522,892 shares of Common Stock as of May 15, 2024 and 1,267,167 shares of Common Stock as of July 9, 2024 and as of the date hereof, representing approximately 11.0% of the class as of May 15, 2024 and 9.2% of the class as of July 9, 2024 and as of the date hereof; and (iv) Mr. MacArthur, as the managing partner of the GP, beneficially o

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: July 10, 2024 FORAGER FUND, L.P. By: Forager Capital Management, LLC, its General Partner By: /s/ Robert MacArthur Name: Robert MacArthur Title: Managing Partner FORAGER CAPITAL MANAGEMENT, LLC By: /s/ Robert MacArthur Name: Robert MacArthur Title: Managing Partner EDWARD KISSEL /s/ Edward Kissel Edward Kissel ROBERT MACARTHUR /s/ Robert MacArthur Robert MacArthur 9

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