Welcome to our dedicated page for NWPX Infrastructure SEC filings (Ticker: NWPX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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, 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.
Ameriprise Financial Services Inc. filed a Form 144 reporting proposed sales of common stock on Nasdaq. The filing lists LTIP-related shares tied to grant dates, including 211 shares (03/31/2022), 875 shares (01/16/2023), and 3,414 shares (03/31/2023). The Form 144 entry shows a filing date of 03/04/2026.
NWPX Infrastructure, Inc., formerly Northwest Pipe Company, filed its 2025 Form 10-K describing a water-focused infrastructure business operating through Water Transmission Systems and Precast Infrastructure and Engineered Systems, with 13 manufacturing facilities across North America and 1,318 employees as of December 31, 2025.
The company highlights strong structural demand drivers from aging U.S. water systems, federal and state funding programs, and growing stormwater and wastewater needs, while noting risks from project delays, overcapacity and competition in steel pipe, steel price volatility, environmental regulation, and macroeconomic cycles.
NWPX reports Water Transmission Systems backlog of $234 million and Precast order book of $57 million as of December 31, 2025, and completed a roughly $9.0 million acquisition of Boughton’s Precast in February 2026 to expand its precast footprint into Colorado.
NWPX Infrastructure, Inc. reported record 2025 results, with net sales of $526.0 million, up 6.8% from 2024, and net income of $35.4 million, or $3.56 per diluted share. Gross profit reached a record $103.6 million, representing 19.7% of net sales.
The Water Transmission Systems segment generated record revenue of $350.9 million and gross profit of $67.1 million, while Precast delivered record revenue of $175.1 million and gross profit of $36.5 million. Operating cash flow was strong at $67.3 million, and year-end stockholders’ equity was $394.8 million. WTS backlog including confirmed orders was $346 million, and the Precast order book was $57 million as of December 31, 2025. The company also completed a $9.0 million acquisition of Boughton’s Precast, Inc. in Colorado, expanding its stormwater and sewer product footprint.
NWPX Infrastructure, Inc. announced that Executive Vice President Miles Brittain plans to retire on April 3, 2026. To support a smooth leadership transition, the company has appointed Mike Wray as Executive Vice President effective January 19, 2026, so he can assume the role’s responsibilities and work with Mr. Brittain on transition priorities.
Mr. Wray, age 52, has held several senior roles at the company since 2007, most recently serving as Senior Vice President and General Manager of Precast Infrastructure and Engineered Systems. The Board of Directors increased his annual base salary to $450,000 effective January 19, 2026 and approved a new Change in Control Agreement that extends its expiration to July 31, 2026 and raises his payout multiple upon a qualifying change in control from one to two. The filing notes that he has no material related-party transactions or familial relationships with company executives or directors.
NWPX Infrastructure, Inc. senior vice president of human resources Megan A. Kendrick reported routine equity compensation activity on January 15, 2026. Several blocks of previously granted restricted stock units vested, resulting in the acquisition of 635, 550 and 468 shares of common stock, with related entries in the derivative securities table reflecting the same restricted stock units. To cover taxes due at vesting, the issuer withheld 275, 239 and 203 common shares at a value of $69.27 per share, consistent with company policy, rather than selling shares in the open market. After these transactions, Kendrick directly held 11,496 shares of common stock, as well as restricted stock units and performance shares that vest over time based on service dates and NWPX’s EBITDA margin.
NWPX Infrastructure, Inc. insider Eric Stokes, SVP/GM of Water Transmission, reported multiple stock-based compensation events dated 01/15/2026. Several tranches of restricted stock units converted into common stock, with 960, 834 and 709 shares of restricted stock exercised into the same number of common shares. The filing shows tax withholding transactions at $69.27 per share, where 409, 355 and 302 common shares were withheld by the company to cover taxes tied to the vesting, consistent with stated company policy.
After these transactions, Stokes directly held 32,199 shares of common stock. He also continued to hold restricted stock units and performance shares, including awards that vest in installments through 2028, with the performance shares subject to NWPX’s total EBITDA margin over a defined measurement period and capable of vesting from 0–200% of the target amount.
NWPX Infrastructure, Inc. senior vice president and general manager of Precast Infrastructure, Michael Wray, reported equity award activity on January 15, 2026. Several blocks of restricted stock units vested and were settled into common shares: 918, 834, and 709 shares of common stock, each tied to previously granted restricted stock units. In connection with these vestings, the company withheld 417, 379, and 322 shares of common stock at a price of $69.27 per share to cover taxes, consistent with company policy.
After these transactions, Wray directly owned 23,050 shares of NWPX common stock. He also continued to hold restricted stock units that vest in annual installments through January 2028, as well as 14,145 Performance Shares that can vest at 0–200% of target based on NWPX’s total EBITDA margin, with vesting installments scheduled in March 2026, 2027 and 2028.
NWPX Infrastructure Executive Vice President Brittain Miles reported equity award activity on January 15, 2026. Restricted stock units converted into common stock held indirectly through a trust in several transactions, reflecting scheduled vesting of prior equity grants. In related moves, the issuer withheld blocks of common shares at a price of 69.27 per share to cover taxes due upon these vesting events, consistent with company policy.
Miles continues to hold restricted stock units directly and common shares indirectly via the trust after these transactions. He also holds 16,761 performance shares directly, which can vest between 0% and 200% of the target amount based on NWPX’s total EBITDA margin over a measurement period, with vesting installments scheduled in March 2026, 2027 and 2028.