NWPX SVP sells 4,500 shares at $80.59

NWPX Infrastructure, Inc. senior vice president of human resources Megan A. Kendrick reported an open-market sale of 4,500 shares of common stock at $80.59 per share.

Rhea-AI Filing Summary

NWPX Infrastructure, Inc. senior vice president of human resources Megan A. Kendrick reported an open-market sale of 4,500 shares of common stock at $80.59 per share. The transaction was made under a Rule 10b5-1(c) trading plan adopted on November 6, 2025, indicating a pre-arranged selling program.

After the sale, Kendrick directly held 6,996 shares of common stock. She also reported holdings of 1,488 Restricted Stock Units, each representing a right to receive one common share, scheduled to vest in installments in January 2027 and January 2028. In addition, she held 9,423 Performance Shares that may vest in installments in March 2026, 2027, and 2028, in amounts ranging from 0–200% based on NWPX’s total EBITDA margin over the applicable measurement period.

Insider Trade Summary

Net Seller: 4,500 shares

Net Sell 3 txns

Insider Kendrick Megan A.

Role Sr. VP of Human Resources

Sold 4,500 shs ($363K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,500	$80.59	$363K
holding	Restricted Stock Units	--	--	--
holding	Performance Shares	--	--	--

Holdings After Transaction: Common Stock — 6,996 shares (Direct); Restricted Stock Units — 1,488 contracts (Direct); Performance Shares — 9,423 contracts (Direct)

Footnotes (5)

1. F1. Adoption date of referenced 10b5-1(c) plan is: 11/06/2025
2. F2. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
3. F3. The Restricted Stock Units vest in installments in January of 2027 and 2028.
4. F4. 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.
5. F5. Performance Shares vest in installments in March of 2026, 2027 and 2028.

FAQ

What insider transaction did NWPX (NWPX) report for Megan A. Kendrick?

NWPX reported that Megan A. Kendrick sold 4,500 shares of common stock in an open-market transaction at $80.59 per share. Following this sale, she directly owned 6,996 common shares, plus additional Restricted Stock Units and Performance Shares subject to vesting conditions.

Was the NWPX (NWPX) insider stock sale made under a 10b5-1 plan?

Yes. The filing states the sale was under a Rule 10b5-1(c) trading plan adopted on November 6, 2025. Such plans prearrange trades according to set instructions, helping insiders transact independently of later market or company developments.

How many NWPX (NWPX) shares does Megan A. Kendrick hold after the sale?

After the reported sale, Megan A. Kendrick directly held 6,996 shares of NWPX common stock. She also reported 1,488 Restricted Stock Units and 9,423 Performance Shares, which represent potential future share deliveries if vesting and performance conditions are satisfied.

What Restricted Stock Units does Megan A. Kendrick hold at NWPX (NWPX)?

She reported holding 1,488 Restricted Stock Units, each representing a contingent right to receive one NWPX common share. These RSUs vest in installments during January 2027 and January 2028, subject to continued service or other plan terms described in the award.

How do Megan A. Kendrick’s Performance Shares at NWPX (NWPX) vest?

Kendrick holds 9,423 Performance Shares that may vest in amounts from 0–200% of the target, depending on NWPX’s total EBITDA margin over a measurement period. These Performance Shares vest in installments in March 2026, March 2027, and March 2028.

What does the EBITDA-based performance condition mean for NWPX (NWPX) Performance Shares?

The filing explains that the number of Performance Shares that ultimately vest depends on NWPX’s total EBITDA margin over a defined measurement period. Vesting can range from 0–200% of the target, directly tying the potential share payout to the company’s profitability performance.

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Accepted by SEC EDGAR 03/06/2026 - 12:48 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Kendrick Megan A.

(Last) (First) (Middle)

201 NE PARK PLAZA DRIVE

SUITE 100

(Street)

VANCOUVER WA 98684

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NWPX Infrastructure, Inc. [ NWPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP of Human Resources

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/04/2026		S(1)		4,500(1)	D	$80.59	6,996	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)							(3)	(3)	Common Stock	1,488(2)		1,488	D
Performance Shares	(4)							(5)	(5)	Common Stock	9,423(4)		9,423	D

Explanation of Responses:

1. Adoption date of referenced 10b5-1(c) plan is: 11/06/2025

2. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.

3. The Restricted Stock Units vest in installments in January of 2027 and 2028.

4. 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.

5. Performance Shares vest in installments in March of 2026, 2027 and 2028.

	/s/ Megan Kendrick	03/05/2026
	** Signature of Reporting Person	Date
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.