NWPX Infrastructure (NWPX) CEO sells 2,056 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. President & CEO Scott J. Montross reported an open-market sale of 2,056 shares of common stock at a weighted average price of $76.85 per share on March 30, 2026, executed under a Rule 10b5-1(c) trading plan adopted on December 3, 2025.
Following the sale, he directly holds 63,921 shares of common stock. He also holds Restricted Stock Units representing 13,305 underlying shares of common stock that vest in installments in January 2027, 2028 and 2029.
In addition, he holds Performance Shares tied to 63,820 underlying shares of common stock. These Performance Shares can vest between 0–200% based on NWPX’s total EBITDA margin over the measurement period and vest in installments in March 2026, 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,056 shares ($158,004)
Net Sell
3 txns
Insider
MONTROSS SCOTT J
Role
President & CEO
Sold
2,056 shs ($158K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,056 | $76.85 | $158K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 63,921 shares (Direct);
Restricted Stock Units — 13,305 shares (Direct);
Performance Shares — 63,820 shares (Direct)
Footnotes (1)
- Adoption date of referenced 10b5-1(c) plan is: 12/03/2025 This transaction was executed in multiple trades. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock. The Restricted Stock Units vest in installments in January of 2027, 2028 and 2029. Performance Shares vest in an amount ranging from 0-200% to the extent such Performance Shares are earned. Performance Shares are earned based on NWPX's total EBITDA margin over the measurement period. The Performance Shares vest in installments in March of 2026, 2027, 2028 and 2029.
Key Figures
Shares sold: 2,056 shares
Sale price: $76.85 per share
Common shares held: 63,921 shares
+4 more
7 metrics
Shares sold
2,056 shares
Open-market sale on March 30, 2026
Sale price
$76.85 per share
Weighted average sale price
Common shares held
63,921 shares
Direct ownership after transaction
RSU underlying shares
13,305 shares
Contingent rights vesting 2027–2029
Performance Share underlying
63,820 shares
EBITDA-margin based, vesting 2026–2029
Performance Share payout range
0–200%
Based on total EBITDA margin
10b5-1 plan adoption
December 3, 2025
Plan governing reported sale
Key Terms
Rule 10b5-1(c) plan, Restricted Stock Unit, Performance Shares, EBITDA margin, +1 more
5 terms
Rule 10b5-1(c) plan regulatory
"Adoption date of referenced 10b5-1(c) plan is: 12/03/2025"
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
EBITDA margin financial
"Performance Shares are earned based on NWPX's total EBITDA margin over the measurement period"
EBITDA margin is the share of each dollar of sales that a company keeps as operating cash profit before interest, taxes, and accounting for equipment wear and long-term investments. Think of it like the cash a store has left from every sale after paying day-to-day running costs but before paying rent, loan interest or replacing old machinery. Investors use it to compare core profitability and operational efficiency across companies by removing financing and accounting differences.
weighted average sale price financial
"The price reported reflects the weighted average sale price"
FAQ
What insider transaction did NWPX CEO Scott Montross report on this Form 4?
Scott J. Montross reported selling 2,056 NWPX common shares. The shares were sold in open-market transactions at a weighted average price of $76.85 per share, and the trades were executed under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 3, 2025.
What Restricted Stock Units (RSUs) does the NWPX CEO currently hold?
The CEO holds RSUs linked to 13,305 NWPX common shares. Each RSU represents a contingent right to receive one share of common stock. These RSUs vest in three separate installments scheduled for January 2027, January 2028 and January 2029, subject to continued service conditions.
Was the NWPX CEO’s stock sale part of a Rule 10b5-1 trading plan?
Yes, the reported sale was made under a Rule 10b5-1(c) plan. A footnote states the plan’s adoption date was December 3, 2025, indicating the trades were pre-arranged according to preset instructions rather than timed discretionarily after new information.