NWPX Infrastructure (NWPX) CFO logs RSU vesting and performance shares
Rhea-AI Filing Summary
NWPX Infrastructure CFO Aaron Wilkins reported equity compensation activity on January 15, 2026. Several tranches of restricted stock units vested, converting into common stock and increasing his direct holdings, while a portion of the new shares was withheld by the company to cover taxes at a price of $69.27 per share, rather than sold in the market.
After these transactions, Wilkins directly owned 20,058 shares of NWPX common stock. He also continued to hold restricted stock units and 16,761 performance shares that may vest in March of 2026, 2027 and 2028, depending on NWPX’s total EBITDA margin over the measurement period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock | 1,070 | $0.00 | -- |
| Exercise | Restricted Stock | 961 | $0.00 | -- |
| Exercise | Restricted Stock | 865 | $0.00 | -- |
| Exercise | Common Stock | 1,070 | $0.00 | -- |
| Tax Withholding | Common Stock | 486 | $69.27 | $34K |
| Exercise | Common Stock | 961 | $0.00 | -- |
| Tax Withholding | Common Stock | 436 | $69.27 | $30K |
| Exercise | Common Stock | 865 | $0.00 | -- |
| Tax Withholding | Common Stock | 393 | $69.27 | $27K |
| holding | Performance Shares | -- | -- | -- |
Footnotes (1)
- Represents shares acquired pursuant to vesting of Restricted Stock Units. Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy. Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock. The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2024, 1/3 on January 15, 2025 and 1/3 on January 15, 2026. The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2025, 1/3 on January 15, 2026 and 1/3 on January 15, 2027. The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2026, 1/3 on January 15, 2027 and 1/3 on January 14, 2028. 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. The Performance Shares vest in installments in March of 2026, 2027 and 2028.
FAQ
What insider activity did NWPX CFO Aaron Wilkins report on this Form 4?
The CFO Aaron Wilkins reported the vesting of multiple tranches of restricted stock units that converted into NWPX common stock, along with share withholdings by the company to cover associated tax obligations.
What are the terms of the NWPX restricted stock units reported by the CFO?
Each restricted stock unit represents a right to receive one share of NWPX common stock, with different grants vesting in three annual installments on dates including January 15, 2026, January 15, 2027, and January 14, 2028, as specified in the footnotes.
What do the tax withholding transactions at $69.27 on the NWPX Form 4 represent?
The entries at $69.27 per share with transaction code F represent shares withheld by NWPX Infrastructure, Inc. to satisfy taxes incurred upon the vesting of restricted stock units, consistent with company policy.