[144] NWPX Infrastructure, Inc. SEC Filing

Rhea-AI Filing Summary

NWPX Infrastructure, Inc. filed a Form 144 reporting a proposed sale of 5,000 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $254,325.00. The filing shows 9,653,882 shares outstanding, and the approximate sale date is 08/22/2025. The shares to be sold were originally acquired as equity awards: 88 Restricted Stock Units granted 01/18/2023 and 4,912 Performance Stock Units granted 04/04/2023. The filer reports no sales of the issuer's securities in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of the proposed sale amount, broker, and approximate sale date consistent with Rule 144 requirements
• Acquisition details provided showing the shares stem from RSUs and PSUs granted in 2023, clarifying the origin of the securities
• No sales in prior three months reported, indicating no immediate pattern of insider selling disclosed in this filing

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for equity awards, modest size relative to outstanding shares.

The Form 144 documents a proposed sale of 5,000 common shares with an aggregate market value of $254,325, to be executed via Morgan Stanley Smith Barney on NASDAQ around 08/22/2025. The shares derive from recent equity awards (88 RSUs and 4,912 PSUs) issued in 2023. With 9,653,882 shares outstanding, the proposed sale represents approximately 0.052% of outstanding shares, indicating a small, non-systemic transfer of insider-held equity. The filing is procedural and consistent with Rule 144 reporting obligations for restricted/controlled securities.

Compliance / Risk Analyst

TL;DR: Form appears complete for Rule 144 disclosure; no past-quarter sales reported and standard certifications included.

The notice includes acquisition details, nature of award grants, broker information, and the seller's certification about material nonpublic information. The absence of reported sales in the prior three months reduces concerns about pattern trading activity. There is no indication in the filing of any regulatory exception or compliance issue; the filing serves to notify the market of a forthcoming, routine sale under Rule 144.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	5000	254325.00	9653882	08/22/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/18/2023	Restricted Stock Units	Issuer			88	01/18/2023	N/A
Common	04/04/2023	Performance Stock Units	Issuer			4912	04/04/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does NWPX's Form 144 report?

The filing reports a proposed sale of 5,000 common shares with aggregate market value of $254,325.00, to be sold on NASDAQ around 08/22/2025 via Morgan Stanley Smith Barney.

Where did the shares being sold originate?

The shares were acquired as equity awards: 88 RSUs dated 01/18/2023 and 4,912 PSUs dated 04/04/2023.

How large is the proposed sale relative to NWPX's outstanding shares?

The company reports 9,653,882 shares outstanding; the 5,000-share sale represents about 0.052% of outstanding shares.

Has the filer sold other NWPX securities in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Which broker is handling the proposed sale?

The broker named in the filing is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.