NWPX Infrastructure (NWPX) CFO reports stock sale, RSUs, performance shares

Rhea-AI Filing Summary

NWPX Infrastructure, Inc.'s chief financial officer, Aaron Wilkins, reported a small sale of company stock and updated his equity holdings. On 12/15/2025 he sold 35 shares of common stock at $63.5 per share under a Rule 10b5-1(c) trading plan adopted on 09-08-2025, and now directly owns 18,477 shares.

He also reported 5,587 restricted stock units, each representing one share of NWPX common stock, vesting in installments in January 2026, 2027 and 2028. In addition, he holds 16,761 performance shares that may vest in a range of 0-200% based on NWPX's total EBITDA margin, with vesting installments in March 2026, 2027 and 2028.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wilkins Aaron

(Last) (First) (Middle)

201 NE PARK PLAZA DRIVE

SUITE 100

(Street)

VANCOUVER WA 98684

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NWPX Infrastructure, Inc. [ NWPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		S(1)		35(1)	D	$63.5	18,477	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)							(3)	(3)	Common Stock	5,587(2)		5,587	D
Performance Shares	(4)							(5)	(5)	Common Stock	16,761(4)		16,761	D

Explanation of Responses:

1. Adoption date of referenced 10b5-1(c) plan is: 09-08-2025

2. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.

3. The Restricted Stock Units vest in installments in January of 2026, 2027 and 2028.

4. 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.

5. Performance Shares vest in installments in March of 2026, 2027 and 2028.

	/s/ Aaron Wilkins	12/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NWPX Infrastructure's CFO report on December 15, 2025?

On 12/15/2025, CFO Aaron Wilkins reported selling 35 shares of NWPX Infrastructure common stock at $63.5 per share. After this sale, he directly owned 18,477 shares of common stock.

Was the NWPX (NWPX) CFO's stock sale made under a Rule 10b5-1 plan?

Yes. The transaction is noted as being pursuant to a Rule 10b5-1(c) trading plan, with the adoption date of the referenced plan stated as 09-08-2025.

How many NWPX shares and equity-based units does the CFO beneficially own after the transaction?

After the reported sale, Aaron Wilkins directly owns 18,477 shares of NWPX common stock. He also reports beneficial ownership of 5,587 restricted stock units and 16,761 performance shares, each tied to NWPX common stock.

What are the vesting terms of the NWPX restricted stock units reported by the CFO?

Each restricted stock unit represents a contingent right to receive one share of NWPX common stock. These 5,587 restricted stock units vest in installments in January 2026, January 2027 and January 2028.

How do the NWPX performance shares reported by the CFO vest?

The 16,761 performance shares may vest in an amount ranging from 0-200%, to the extent they are earned based on NWPX's total EBITDA margin over the measurement period. These performance shares vest in installments in March 2026, March 2027 and March 2028.

What is the officer's relationship to NWPX Infrastructure as reported in this filing?

The reporting person, Aaron Wilkins, is identified as an officer of NWPX Infrastructure, Inc., serving in the role of chief financial officer (CFO), and he files individually as one reporting person.