NWPX Infrastructure, Inc.'s SEC filings document the financial reporting, governance, capital structure, and material events of a Nasdaq-listed manufacturer of water-related infrastructure products. Form 8-K filings cover operating results and outlook updates for the Water Transmission Systems and Precast Infrastructure and Engineered Systems segments, including backlog, order book, gross profit, net income, and stock repurchase disclosures.
The filing record also includes proxy materials for annual shareholder matters, director elections, executive compensation, equity awards, and incentive plan metrics. Other 8-K disclosures address executive transitions, performance share units and restricted stock units, incentive compensation recovery provisions, subsidiary credit arrangements, revolving loan and letter-of-credit facilities, and common stock registered under the symbol NWPX on the Nasdaq Global Select Market.
NWPX Infrastructure Executive Vice President reports share sale and equity awards. On 11/14/2025, the reporting person sold 4,000 shares of NWPX common stock at $56.756 per share under a Rule 10b5-1(c) trading plan. After this transaction, 29,725 shares were beneficially owned indirectly through a trust. The individual also holds 5,587 Restricted Stock Units, each representing one share of NWPX common stock, which vest in installments in January of 2026, 2027 and 2028. In addition, 16,761 Performance Shares are outstanding, which may vest in an amount ranging from 0–200% based on NWPX’s total EBITDA margin over the measurement period, with vesting installments scheduled in March of 2026, 2027 and 2028.
NWPX Infrastructure (NWPX) President & CEO Megan Kendrick reported insider sales executed under a Rule 10b5-1(c) plan. On 11/11/2025, she sold 1,000, 1,500, 2,500, and 3,210 shares at weighted average prices of $57.5283, $57.3426, $57.2277, and $57.1781, respectively. Following these trades, she directly owns 68,781 shares.
Her equity awards include 15,585 Restricted Stock Units that vest in installments in January of 2026, 2027, and 2028, and 46,752 Performance Shares that may be earned at 0–200% based on total EBITDA margin, vesting in installments in March of 2026, 2027, and 2028. The 10b5-1 plan was adopted on 08/12/2025.
NWPX Infrastructure reported stronger Q3 2025 results. Net sales were $151.1 million, up from $130.2 million a year ago, with gross profit of $32.2 million and operating income of $19.0 million. Net income rose to $13.5 million, or $1.38 diluted EPS, compared with $1.02 a year earlier.
Water Transmission Systems delivered $103.9 million in sales and Precast contributed $47.2 million. Net revisions in contract estimates increased WTS net sales by $4.2 million in the quarter. Backlog was $257 million; the company expects to recognize about 29% in 2025 and 45% in 2026.
The company repurchased approximately 186,000 shares for $8.0 million in Q3 and 379,000 shares for $15.8 million year to date; as of October 28, 2025, shares outstanding were 9,609,651. NWPX amended its revolving credit facility to provide up to $125 million (with a $50 million upsizing option) maturing August 13, 2030; borrowings were $27.6 million and letters of credit were $1.6 million at quarter end, and the company was in compliance with covenants.
NWPX Infrastructure, Inc. reported that it issued a press release announcing its financial results for the quarter ended September 30, 2025 and its current outlook. The release includes forward-looking statements with cautionary language about factors that could cause actual results to differ.
The press release is furnished as Exhibit 99.1 and is not deemed filed for purposes of Section 18 of the Exchange Act. The company’s common stock trades on the Nasdaq Global Select Market under the symbol NWPX.
Aaron Wilkins, Chief Financial Officer of NWPX Infrastructure, Inc. (NWPX), reported sales of common stock under a 10b5-1 trading plan adopted on 05/23/2025. The Form 4 shows he sold 500 shares on 08/29/2025 at a weighted average price of $54.02 and 2,000 shares on 09/02/2025 at a weighted average price of $52.2448, reducing his direct common stock holdings from 29,262 to 24,762 shares. The filing also discloses existing equity awards: 5,587 restricted stock units that vest in January 2026–2028 and 16,761 performance shares that vest in March 2026–2028 and may pay out 0–200% based on total EBITDA margin. The form is signed by Mr. Wilkins on 09/03/2025.
Aaron Wilkins, CFO of NWPX Infrastructure, Inc., reported a sale of common stock under a 10b5-1 plan adopted May 23, 2025. On 08/22/2025 he disposed of 2,500 shares at $50.89 per share, leaving him with 27,262 shares beneficially owned. The filing also discloses outstanding equity awards: 5,587 restricted stock units that vest in January of 2026, 2027 and 2028, and 16,761 performance shares that vest in installments in March of 2026, 2027 and 2028 and may be earned from 0% to 200% based on NWPX’s total EBITDA margin over the measurement period.
NWPX Infrastructure, Inc. filed a Form 144 reporting a proposed sale of 5,000 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $254,325.00. The filing shows 9,653,882 shares outstanding, and the approximate sale date is 08/22/2025. The shares to be sold were originally acquired as equity awards: 88 Restricted Stock Units granted 01/18/2023 and 4,912 Performance Stock Units granted 04/04/2023. The filer reports no sales of the issuer's securities in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.
NWPX Infrastructure, Inc. entered into a Fourth Amendment to its credit agreement with Wells Fargo and other lenders, extending the credit facility’s maturity from June 29, 2028 to August 13, 2030 and reducing pricing.
The amended agreement provides a revolving loan, swingline loan, and letters of credit in an aggregate amount of up to $125 million, with an option to increase the facility by $50 million subject to its terms. Revolving loans can bear interest at a Base Rate, Adjusted Daily Simple SOFR, or Adjusted Term SOFR, in each case plus an Applicable Margin ranging from 0.50% to 2.00%, depending on the company’s consolidated senior leverage ratio and rate choice.
The company will also pay a commitment fee between 0.20% and 0.25% on unused revolver commitments, plus customary fees for a facility of this type.
Megan Kendrick, Sr. VP of Human Resources at NWPX Infrastructure, Inc., reported the disposition of 3,500 shares of company common stock on 08/11/2025 at a reported price of $50 per share under a 10b5-1 trading plan adopted 12/06/2024.
After the sale she beneficially owns 10,560 shares directly. She also holds equity awards consisting of 3,141 Restricted Stock Units that vest in installments in January 2026, 2027 and 2028, and 9,423 Performance Shares that vest in installments in March 2026, 2027 and 2028 and may vest at 0–200% depending on NWPX's total EBITDA margin over the performance period.
Form 144 summary: This notice records a proposed sale of 3,500 shares of NWPX common stock with an aggregate market value of $175,000. The sale is listed with an approximate date of 08/11/2025 and the securities exchange is NASDAQ. The filing shows the shares were acquired entirely through the companys long-term incentive plan (LTIP) on multiple dates between 2014 and 2022, with individual lots of 640, 36, 283, 325, 1,729 and 487 shares that sum to 3,500. The broker named is Ameriprise Financial Services Inc. The filing states no securities were sold in the past three months and includes the signers representation that they do not possess undisclosed material adverse information about the issuer.