NWPX Infrastructure director sells 3,500 shares
NWPX director Michael C. Franson reported a 3,500-share sale and a separate 100-share bona fide gift of common stock in September 2026.
Rhea-AI Filing Summary
NWPX Infrastructure, Inc. (NWPX) director Michael C. Franson reported two transactions in common stock. On September 9, 2026, he sold 3,500 shares in a sale described as an open market or private transaction at $105.3036 per share. On September 10, 2026, he disposed of 100 shares as a bona fide gift, as described in a footnote. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,500 shares
Net Sell
2 txns
Insider
FRANSON MICHAEL C
Role
Director
Sold
3,500 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 100 | $0.00 | $0.00 |
| Sale | Common Stock | 3,500 | $105.3036 | $369K |
Holdings After Transaction:
Common Stock — 15,824 shares (Direct)
Footnotes (1)
- F1. 100 shares represents a bona fide gift of NWPX Infrastructure, Inc. common stock made by the reporting person.
Key Figures
Shares sold: 3,500 shares
Sale price per share: $105.3036 per share
Shares gifted: 100 shares
+2 more
5 metrics
Shares sold
3,500 shares
Common stock sale reported for September 9, 2026
Sale price per share
$105.3036 per share
Price for 3,500-share common stock sale on September 9, 2026
Shares gifted
100 shares
Bona fide gift of common stock on September 10, 2026
Gift price per share
$0.0000 per share
Reported value for 100-share bona fide gift on September 10, 2026
Net buy/sell shares
-3,500 shares
Transaction summary net buy/sell direction reported as net-sell
Key Terms
bona fide gift, open market or private transaction, Rule 10b5-1
3 terms
bona fide gift financial
"100 shares represents a bona fide gift of NWPX Infrastructure, Inc."
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.
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NWPX director Michael C. Franson report in this Form 4?
He reported a sale of 3,500 NWPX common shares on September 9, 2026 at $105.3036 per share, and a bona fide gift of 100 shares on September 10, 2026.
Was a Rule 10b5-1 trading plan disclosed for the NWPX Form 4 transactions?
No. The filing indicates that no Rule 10b5-1 plan is affirmed for these transactions, and the only additional detail is a footnote describing the 100-share gift.
AI-generated analysis. How Rhea-AI works. Not financial advice.