NWPX Infrastructure, Inc. (NWPX) SVP granted RSU and performance share awards
Rhea-AI Filing Summary
Tanguis Jesus reported acquisition or exercise transactions in this Form 4 filing.
NWPX Infrastructure, Inc. senior vice president Jesus Tanguis received new equity awards as part of his compensation. He was granted 1,195 restricted stock units and 3,584 performance share units, each representing the right to receive one share of common stock.
The restricted stock units vest in three equal installments on January 15, 2027, January 14, 2028, and January 16, 2029. The performance shares can vest between 0–200% of the target amount based on NWPX’s total EBITDA margin over the performance period, with one-third vesting on March 31, 2027, March 31, 2028, and March 30, 2029 if earned.
After these awards, Tanguis directly holds 1,496 shares of common stock, 2,034 restricted stock units and 7,838 performance share units, indicating routine, compensation-related equity accumulation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did NWPX SVP Jesus Tanguis report on Form 4 for NWPX?
How many restricted stock units did NWPX grant to SVP Jesus Tanguis?
What performance share award did Jesus Tanguis receive from NWPX (NWPX)?
How do the restricted stock units granted to Tanguis vest over time at NWPX?
What determines how many NWPX performance shares Jesus Tanguis ultimately earns?
What are Jesus Tanguis’s NWPX holdings after these equity grants?