[Form 4] NWPX Infrastructure, Inc. Insider Trading Activity
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. Executive Vice President Miles Brittain reported a planned sale of common stock under a Rule 10b5-1(c) trading plan. On 11/24/2025, a trust for his benefit sold 4,000 shares of NWPX common stock at a weighted average price of $56.41 per share, leaving 25,725 shares held indirectly through the trust.
He also reported equity awards in the form of 5,587 restricted stock units, each representing one share of NWPX common stock and scheduled to vest in installments in January 2026, 2027 and 2028. In addition, he holds 16,761 performance shares, which can vest from 0% to 200% of the target amount based on NWPX’s total EBITDA margin over the measurement period, with vesting in installments in March 2026, 2027 and 2028.
Positive
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Negative
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FAQ
What insider transaction did NWPX EVP Miles Brittain report on Form 4?
Miles Brittain, Executive Vice President of NWPX Infrastructure, Inc., reported a sale of 4,000 shares of NWPX common stock on 11/24/2025. The sale was made under a Rule 10b5-1(c) trading plan.
At what price were the NWPX shares sold in the reported Form 4 transaction?
The 4,000 NWPX shares were sold at a weighted average price of $56.41 per share. The filing notes that the trades occurred in multiple transactions between $54.85 and $56.955 per share.
How many NWPX shares does Miles Brittain beneficially own after the sale?
Following the reported sale, Miles Brittain beneficially owns 25,725 shares of NWPX common stock held indirectly through a trust, of which he is a beneficiary.
What restricted stock units (RSUs) does the NWPX EVP hold according to the Form 4?
He holds 5,587 restricted stock units, each representing a contingent right to receive one share of NWPX common stock. These RSUs vest in installments in January 2026, 2027 and 2028.
What are the performance shares reported by the NWPX EVP and how do they vest?
The filing reports 16,761 performance shares. The number that ultimately vests can range from 0–200% of this target, based on NWPX’s total EBITDA margin over the measurement period. These performance shares vest in installments in March 2026, 2027 and 2028.
Was the NWPX insider sale made under a Rule 10b5-1 trading plan?
Yes. The transaction is indicated as made pursuant to a Rule 10b5-1(c) plan, with an adoption date of 08/14/2025, which is intended to satisfy the affirmative defense conditions for prearranged trading plans.