The military have done parachute drops with jeeps and larger. These things land just fine and in usable condition. NASA also used to land their space capsules with chutes.
They didn't cite the weight of the craft and I don't know man-rated parachute specifications, but if I were to guess, the parachutes are probably rated for a 250lb man and with three chutes, that gives them 750lbs to play with.
Each wing weighs 60lbs and at four, that comes up to 240lbs for the wings. That gives them 500lbs and two chutes to work with. I would add a fourth chute for safety reasons in case one chute fails.
Their design choice of using laminated wood is a little strange. I've never constructed wood aircraft, but my father has and from what I could remember of what he told me, he never used laminated wood for any component. I don't know what kind of aircraft he constructed though.