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NWPX CFO sells 1,950 shares at ~$100.68

NWPX’s CFO sold 1,950 shares under a pre-arranged Rule 10b5-1 plan and continues to hold common stock plus time- and performance-based equity awards vesting from 2027 to 2029.

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

NWPX Infrastructure, Inc. (NWPX) reported that its Chief Financial Officer, Aaron Wilkins, sold 1,950 shares of common stock on September 14, 2026 at a weighted average price of $100.6813 per share in an open-market transaction pursuant to a Rule 10b5-1(c) trading plan adopted on May 5, 2026. Following this sale, he directly holds 22,448 shares of common stock, plus equity awards including 4,283 Restricted Stock Units and 12,848 Performance Shares that may vest from 2027 through 2029 based on time-based vesting and NWPX’s total EBITDA margin performance.

Positive

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Negative

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Insider Wilkins Aaron
Role CFO
Sold 1,950 shs ($196K)
Type Security Shares Price Value
Sale Common Stock F1, F2 1,950 $100.6813 $196K
holding Restricted Stock Units F3, F4 -- -- --
holding Performance Shares F5, F6 -- -- --
Holdings After Transaction: Common Stock — 22,448 shares (Direct); Restricted Stock Units — 4,283 contracts (Direct); Performance Shares — 12,848 contracts (Direct)
Footnotes (6)
  1. F1. Adoption date of referenced 10b5-1(c) plan is: 05/05/2026
  2. F2. This transaction was executed in multiple trades at prices ranging from $100.1000 to $101.0999 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.
  3. F3. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
  4. F4. The Restricted Stock Units vest in installments in January of 2027, 2028 and 2029.
  5. F5. 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.
  6. F6. The Performance Shares vest in installments in March of 2027, 2028 and 2029.
Shares sold 1,950 shares Common stock sale by CFO on September 14, 2026
Weighted average sale price $100.6813 per share Open-market sale of 1,950 NWPX shares
Sale price range $100.1000–$101.0999 per share Price range across multiple trade executions on September 14, 2026
Common shares held after transaction 22,448 shares Direct NWPX common stock holdings by CFO post-sale
Restricted Stock Units underlying shares 4,283 shares RSUs representing contingent rights to NWPX common stock
Performance Shares underlying shares 12,848 shares Performance-based awards tied to NWPX total EBITDA margin
RSU vesting years 2027, 2028, 2029 RSUs vest in January of each of these years
Performance Share vesting years 2027, 2028, 2029 Performance Shares vest in March of each of these years
Rule 10b5-1(c) plan regulatory
"Adoption date of referenced 10b5-1(c) plan is: 05/05/2026"
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.
Performance Shares financial
"Performance Shares vest in an amount ranging from 0-200% to the extent"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
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.
weighted average sale price financial
"The price reported reflects the weighted average sale price"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NWPX CFO Aaron Wilkins report on this Form 4 for NWPX?

He reported a sale of 1,950 shares of NWPX common stock on September 14, 2026 in an open-market transaction, at a weighted average price of $100.6813 per share, as disclosed in the filing.

Was the NWPX CFO’s September 14, 2026 stock sale under a Rule 10b5-1 plan?

Yes. The filing states the sale was made pursuant to a Rule 10b5-1(c) plan with an adoption date of May 5, 2026, indicating the trades were pre-arranged under that plan.

How many NWPX common shares does the CFO hold after the reported sale?

After selling 1,950 shares, Aaron Wilkins directly holds 22,448 shares of NWPX common stock, according to the post-transaction holdings reported in the Form 4.

What equity awards in NWPX does the CFO hold in addition to common shares?

He holds 4,283 Restricted Stock Units and 12,848 Performance Shares, each representing contingent rights to receive NWPX common stock, as shown in the derivative holdings section of the filing.

When do the NWPX CFO’s Restricted Stock Units vest?

The Restricted Stock Units vest in installments in January of 2027, 2028 and 2029, with each unit representing a contingent right to receive one share of NWPX common stock.

How are the NWPX CFO’s Performance Shares earned and when do they vest?

The Performance Shares are earned based on NWPX’s total EBITDA margin over a measurement period and can vest in an amount from 0–200%. They vest in installments in March of 2027, 2028 and 2029.

What price range did the NWPX CFO’s September 14, 2026 sale cover?

The sale was executed in multiple trades at prices ranging from $100.1000 to $101.0999 per share, with $100.6813 per share reported as the weighted average sale price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wilkins Aaron

(Last)(First)(Middle)
201 NE PARK PLAZA DRIVE
SUITE 100

(Street)
VANCOUVER WASHINGTON 98684

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NWPX Infrastructure, Inc. [ NWPX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/14/2026S(1)1,950(1)D$100.6813(2)22,448D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3) (4) (4)Common Stock4,283(3)4,283D
Performance Shares(5) (6) (6)Common Stock12,848(5)12,848D
Explanation of Responses:
1. Adoption date of referenced 10b5-1(c) plan is: 05/05/2026
2. This transaction was executed in multiple trades at prices ranging from $100.1000 to $101.0999 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.
3. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
4. The Restricted Stock Units vest in installments in January of 2027, 2028 and 2029.
5. 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.
6. The Performance Shares vest in installments in March of 2027, 2028 and 2029.
/s/ Aaron Wilkins09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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