NWPX Infrastructure (NWPX) CEO sells 2,500 shares under 10b5-1 plan
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. President & CEO Scott J. Montross reported an open-market sale of 2,500 shares of common stock on March 9, 2026 at a weighted average price of $72.3155 per share, executed in multiple trades between $71.91 and $73.65.
The sale was made under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 3, 2025. After this transaction, he directly holds 70,977 common shares, plus equity awards. These include 7,616 Restricted Stock Units, each representing one share of common stock and scheduled to vest in installments in January 2027 and 2028.
He also holds 46,752 Performance Shares, which are earned based on NWPX’s total EBITDA margin over a measurement period and can vest from 0–200% of the target amount. These Performance Shares vest in installments in March 2026, 2027 and 2028, providing additional potential future equity exposure.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $72.3155 | $181K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
Footnotes (1)
- Adoption date of referenced 10b5-1(c) plan is: 12/03/2025 This transaction was executed in multiple trades at prices ranging from $71.91 to $73.65 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. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock. The Restricted Stock Units vest in installments in January of 2027 and 2028. 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. The Performance Shares vest in installments in March of 2026, 2027 and 2028.