[Form 4] NWPX Infrastructure, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. Executive Vice President Brittain Miles reported the vesting and exercise of performance-based equity awards with associated tax withholding. On March 31, 2026, multiple Performance Shares were exercised into Common Stock, reflecting compensation rather than open-market trading.
The filing shows 8,688 shares tied to derivative exercises and 12,137 shares withheld to cover taxes in accordance with company policy. Following these transactions, Miles holds 13,549 shares of Common Stock directly and 26,274 shares indirectly through a trust, plus unvested restricted stock units scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,688 shares exercised/converted
Mixed
11 txns
Insider
Brittain Miles
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 3,212 | $0.00 | -- |
| Exercise | Performance Shares | 2,883 | $0.00 | -- |
| Exercise | Performance Shares | 2,593 | $0.00 | -- |
| Tax Withholding | Performance Shares | 8,073 | $0.00 | -- |
| Exercise | Common Stock | 3,758 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,478 | $77.86 | $115K |
| Exercise | Common Stock | 3,748 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,474 | $77.86 | $115K |
| Exercise | Common Stock | 2,826 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,112 | $77.86 | $87K |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Performance Shares — 13,549 shares (Direct);
Common Stock — 23,765 shares (Indirect, Trust);
Restricted Stock — 0 shares (Direct)
Footnotes (1)
- Represents shares acquired pursuant to the vesting of Performance Shares. Reporting person is a beneficiary of the trust Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. 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. Represents Performance Share Units that were forfeited pursuant to the reporting person's Retirement Agreement. Performance Shares vest in installments as follows: 1/3 March 31, 2025, 1/3 on March 31, 2026 and 1/3 on March 31, 2027. Performance Shares vest in installments as follows: 1/3 on March 31, 2026, 1/3 on March 31, 2027 and 1/3 on March 31, 2028. Performance Shares vest in installments as follows: 1/3 on April 1, 2024, 1/3 on March 31, 2025 and 1/3 on March 31, 2026. The Restricted Stock Units vest in installments in January of 2027, 2028, and 2029. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX's common stock.