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.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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 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)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		M		1,070	A	(1)	19,547	D
Common Stock	01/15/2026		F		486	D	$69.27(2)	19,061	D
Common Stock	01/15/2026		M		961	A	(1)	20,022	D
Common Stock	01/15/2026		F		436	D	$69.27(2)	19,586	D
Common Stock	01/15/2026		M		865	A	(1)	20,451	D
Common Stock	01/15/2026		F		393	D	$69.27(2)	20,058	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	(3)	01/15/2026		M			1,070	(4)	(4)	Common Stock	1,070	(3)	4,517	D
Restricted Stock	(3)	01/15/2026		M			961	(5)	(5)	Common Stock	961	(3)	3,556	D
Restricted Stock	(4)	01/15/2026		M			865	(6)	(6)	Common Stock	865	(3)	2,691	D
Performance Shares	(7)							(8)	(8)	Common Stock	16,761(7)		16,761	D

Explanation of Responses:

1. Represents shares acquired pursuant to vesting of Restricted Stock Units.

2. Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.

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 as follows: 1/3 on January 15, 2024, 1/3 on January 15, 2025 and 1/3 on January 15, 2026.

5. 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.

6. 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.

7. 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.

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

	/s/ Aaron Wilkins	01/20/2026
	** 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).
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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.

How many NWPX common shares did the CFO hold after the reported transactions?

Following the January 15, 2026 transactions, CFO Aaron Wilkins directly held 20,058 shares of NWPX Infrastructure, Inc. common stock.

Were any of the NWPX CFO's reported shares sold on the open market?

The Form 4 shows shares labeled with transaction code F at $69.27 per share that were withheld by the issuer for taxes upon vesting, as described in the footnotes, rather than open-market sales.

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 performance share awards does the NWPX CFO hold and how are they earned?

The CFO holds 16,761 performance shares that can vest in an amount ranging from 0-200%, depending on NWPX’s total EBITDA margin over the measurement period, with vesting scheduled in March 2026, March 2027 and March 2028.

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.