NWPX Infrastructure (NWPX) CEO sells 2,500 shares, retains stock and performance units
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.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 2,500 shares
Net Sell
3 txns
Insider
MONTROSS SCOTT J
Role
President & CEO
Sold
2,500 shs ($297K)
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 76,129 shares (Direct);
Restricted Stock Units — 13,305 shares (Direct);
Performance Shares — 39,916 shares (Direct)
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
Shares sold: 2,500 shares
Weighted-average sale price: $118.739 per share
Share price range: $118.02–$119.635 per share
+4 more
7 metrics
Shares sold
2,500 shares
Common stock sold by CEO Scott J. Montross on 2026-08-10
Weighted-average sale price
$118.739 per share
Open-market sale of 2,500 common shares on 2026-08-10
Share price range
$118.02–$119.635 per share
Multiple trades making up the reported sale transaction
Common shares held after sale
76,129 shares
Direct ownership by CEO following the 2,500-share sale
Restricted Stock Units underlying shares
13,305 shares
RSUs representing contingent rights to NWPX common stock
Performance Shares underlying shares
39,916 shares
Performance Shares tied to total EBITDA margin over a measurement period
10b5-1 plan adoption date
05/05/2026
Pre-arranged trading plan governing the reported sale
Key Terms
Rule 10b5-1(c) plan, Restricted Stock Unit, Performance Shares, EBITDA margin
4 terms
Rule 10b5-1(c) plan regulatory
"Adoption date of referenced 10b5-1(c) plan is: 05/05/2026"
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.
FAQ
What insider transaction did NWPX Infrastructure (NWPX) report for its CEO?
NWPX Infrastructure reported that President & CEO Scott J. Montross sold 2,500 shares of common stock on 2026-08-10. The sale occurred at a weighted-average price of $118.739 per share in open-market transactions executed under a pre-arranged Rule 10b5-1(c) trading plan.
What Rule 10b5-1 trading plan is referenced in NWPX’s Form 4 for the CEO?
The sale was executed under a Rule 10b5-1(c) trading plan with an adoption date of 05/05/2026. This type of pre-arranged plan allows insiders to schedule trades in advance, aiming to separate trading decisions from the timing of material nonpublic information.
AI-generated analysis. How Rhea-AI works. Not financial advice.