Willdan Group, Inc. announced that at its Annual Meeting of Stockholders on June 17, 2026, shareholders approved amendments to the company's 2008 Performance Incentive Plan. The key changes increase the number of shares available for equity awards and extend the plan's duration.
Key Details
- Share Increase: The number of common stock shares available for awards under the plan was increased by 380,000, bringing the new aggregate limit to 6,099,167 shares.
- Incentive Stock Options: The limit for incentive stock options was also increased by 380,000 shares to a new total of 6,330,000 shares.
- Plan Extension: The term of the incentive plan has been extended by ten years to April 19, 2036.
- Approval Date: The amendments were approved by stockholders at the Annual Meeting held on June 17, 2026.