NWPX Infrastructure (NASDAQ: NWPX) EVP sells 4,500 shares, gifts 600
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. (NWPX) reported insider activity by Executive Vice President Michael Wray. On 2026-08-26, he sold 4,500 shares of common stock at a weighted average price of $110.9413 per share under a Rule 10b5-1(c) trading plan adopted on 05/27/2026, with individual trade prices ranging from $109.63 to $112.03. On 2026-08-27, he made a bona fide gift of 600 shares of common stock. He continues to hold equity awards, including Restricted Stock Units covering 3,791 underlying shares that vest in installments in January 2027, 2028, and 2029, and Performance Shares covering 11,368 underlying shares that vest in installments in March 2027, 2028, and 2029, earned based on NWPX’s total EBITDA margin over the measurement period, with a payout range of 0–200%.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 5,100 shares
Net Sell
4 txns
Insider
Wray Michael
Role
Executive Vice President
Sold
4,500 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F7 | 600 | $0.00 | $0.00 |
| Sale | Common Stock F1, F2 | 4,500 | $110.9413 | $499K |
| holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| holding | Performance Shares F6, F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,286 shares (Direct);
Restricted Stock Units — 3,791 shares (Direct);
Performance Shares — 11,368 shares (Direct)
Footnotes (7)
- F1. Adoption date of referenced 10b5-1(c) plan is: 05/27/2026
- F2. This transaction was executed in multiple trades at prices ranging from $109.6300 to $112.0300 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. The Performance Shares vest in installments in March of 2027, 2028 and 2029.
- F6. 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.
- F7. 600 shares represents a bona fide gift of NWPX Infrastructure, Inc. common stock made by the reporting person.
Key Figures
Shares sold: 4,500 shares of Common Stock
Weighted average sale price: $110.9413 per share
Sale price range: $109.63–$112.03 per share
+5 more
8 metrics
Shares sold
4,500 shares of Common Stock
Disposition on 2026-08-26 by sale in open market or private transactions
Weighted average sale price
$110.9413 per share
Sale of 4,500 shares on 2026-08-26, with trades between $109.63 and $112.03
Sale price range
$109.63–$112.03 per share
Multiple trades comprising the 4,500-share sale on 2026-08-26
Gifted shares
600 shares of Common Stock
Bona fide gift on 2026-08-27
Restricted Stock Units underlying shares
3,791 underlying shares
Directly owned RSUs, each convertible into one NWPX common share
Performance Shares underlying shares
11,368 underlying shares
Directly owned Performance Shares tied to NWPX common stock
Performance Share payout range
0–200% of target
Earned based on NWPX’s total EBITDA margin over the measurement period
10b5-1(c) plan adoption date
05/27/2026
Plan under which the 4,500-share sale on 2026-08-26 was executed
Key Terms
Rule 10b5-1(c) plan, Restricted Stock Unit, Performance Shares, EBITDA margin, +1 more
5 terms
Rule 10b5-1(c) plan regulatory
"Adoption date of referenced 10b5-1(c) plan is: 05/27/2026"
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"
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.
bona fide gift regulatory
"600 shares represents a bona fide gift of NWPX Infrastructure, Inc. common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
FAQ
What insider transactions did NWPX Executive Vice President Michael Wray report?
Michael Wray reported a sale of 4,500 NWPX shares on 2026-08-26 at a weighted average price of $110.9413, plus a bona fide gift of 600 shares on 2026-08-27. Both transactions involved NWPX common stock held directly.
Was Michael Wray’s NWPX stock sale under a Rule 10b5-1 plan?
Yes. The filing indicates the sale of 4,500 NWPX shares on 2026-08-26 was made pursuant to a Rule 10b5-1(c) trading plan, with an adoption date of 05/27/2026, and the document-level Rule 10b5-1 checkbox is marked affirmatively.
What equity awards in NWPX does Michael Wray hold after these transactions?
Michael Wray holds Restricted Stock Units representing 3,791 underlying NWPX shares and Performance Shares representing 11,368 underlying shares. These derivative holdings are reported as directly owned positions in the Form 4’s derivative holdings summary.
How do Michael Wray’s NWPX Restricted Stock Units vest?
Each Restricted Stock Unit represents a contingent right to receive one NWPX common share. These 3,791 RSUs vest in installments in January 2027, January 2028, and January 2029, subject to the terms disclosed in the footnotes.
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