NWPX CEO sells 2,500 shares under 10b5-1 plan
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Rhea-AI Filing Summary
NWPX Infrastructure, Inc. President & CEO Scott J. Montross reported an open-market sale of 2,500 shares of common stock on March 16, 2026 at a weighted average price of $71.44 per share under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 3, 2025. Following this transaction, he directly owns 68,477 shares of common stock.
In addition, Montross holds 13,305 Restricted Stock Units, each convertible into one NWPX common share and vesting in installments in January 2027, 2028 and 2029. He also has 63,820 Performance Shares tied to NWPX’s total EBITDA margin, which can vest from 0–200% in installments in March 2026, 2027, 2028 and 2029.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $71.44 | $179K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
Footnotes (6)
- F1. Adoption date of referenced 10b5-1(c) plan is: 12/03/2025
- F2. This transaction was executed in multiple trades. 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. 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.
- F6. The Performance Shares vest in installments in March of 2026, 2027, 2028 and 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NWPX CEO Scott J. Montross report in this Form 4?
What restricted stock units (RSUs) does the NWPX CEO hold?
Was the NWPX CEO’s stock sale made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.