NWPX insider Form 4: CEO stock sales, 68,781 remaining
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NWPX Infrastructure (NWPX) President & CEO Megan Kendrick reported insider sales executed under a Rule 10b5-1(c) plan. On 11/11/2025, she sold 1,000, 1,500, 2,500, and 3,210 shares at weighted average prices of $57.5283, $57.3426, $57.2277, and $57.1781, respectively. Following these trades, she directly owns 68,781 shares.
Her equity awards include 15,585 Restricted Stock Units that vest in installments in January of 2026, 2027, and 2028, and 46,752 Performance Shares that may be earned at 0–200% based on total EBITDA margin, vesting in installments in March of 2026, 2027, and 2028. The 10b5-1 plan was adopted on 08/12/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,210 shares ($470,153)
Net Sell
6 txns
Insider
MONTROSS SCOTT J
Role
President & CEO
Sold
8,210 shs ($470K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $57.5283 | $58K |
| Sale | Common Stock | 1,500 | $57.3426 | $86K |
| Sale | Common Stock | 2,500 | $57.2277 | $143K |
| Sale | Common Stock | 3,210 | $57.1781 | $184K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,991 shares (Direct);
Restricted Stock Units — 15,585 shares (Direct);
Performance Shares — 46,752 shares (Direct)
Footnotes (1)
- Adoption date of referenced 10b5-1(c) plan is: 08/12/2025 This transaction was executed in multiple trades at prices ranging from $57.00 to $58.245 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. This transaction was executed in multiple trades at prices ranging from $56.995 to $58.375 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. This transaction was executed in multiple trades at prices ranging from $56.97 to $59.23 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. This transaction was executed in multiple trades at prices ranging from $56.89 to $58.79 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 2026, 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.
FAQ
What did NWPX (NWPX) disclose in this Form 4?
The President & CEO, Megan Kendrick, reported open‑market sales of company stock executed on 11/11/2025 under a Rule 10b5-1(c) plan.
Was the sale under a 10b5-1 trading plan?
Yes. The filing indicates a Rule 10b5-1(c) plan adopted on 08/12/2025.
What RSUs are outstanding for the CEO at NWPX?
Restricted Stock Units total 15,585 and vest in installments in January of 2026, 2027, and 2028.
When were the transactions reported on this Form 4 executed?
The transactions were executed on 11/11/2025.