NWPX CEO sells 2,500 shares under trading plan
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Rhea-AI Filing Summary
NWPX Infrastructure, Inc. President & CEO Scott J. Montross reported selling 2,500 shares of common stock on 2026-08-10 at a weighted-average price of $118.739 per share in open-market transactions pursuant to a Rule 10b5-1(c) trading plan adopted on 05/05/2026. Following the sale, he directly holds 76,129 common shares, plus 13,305 Restricted Stock Units and 39,916 Performance Shares that may settle into common stock subject to time- and performance-based vesting conditions through 2029.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,500 | $118.739 | $297K |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Performance Shares F5, F6 | -- | -- | -- |
Footnotes (6)
- F1. Adoption date of referenced 10b5-1(c) plan is: 05/05/2026
- F2. This transaction was executed in multiple trades at prices ranging from $118.02 to $119.635 per share. 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.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
- F4. The Restricted Stock Units vest in installments in January of 2027, 2028 and 2029.
- F5. 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.
- F6. The Performance Shares vest in installments in March of 2027, 2028 and 2029.
Key Figures
Key Terms
Rule 10b5-1(c) plan regulatory
Restricted Stock Unit financial
EBITDA margin financial
FAQ
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