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. director Michael C. Franson received an equity award of 899 shares of common stock on 2026-06-10. The grant was reported at a reference price of $122.31 per share and increased his direct holdings to 19,424 shares, indicating a routine compensation-related acquisition rather than an open-market purchase.
NWPX Infrastructure, Inc. director Richard A. Roman reported a compensation-related stock grant. On June 10, 2026, he acquired 899 shares of common stock classified as a "grant, award, or other acquisition" at a reference price of $122.31 per share. Following this grant, his directly held position increased to 34,340 common shares, indicating a routine, relatively small addition to his existing ownership stake rather than an open-market purchase or sale.
NWPX Infrastructure, Inc. reported the results of its annual shareholder meeting held on June 10, 2026. Shareholders elected Scott Montross and John Paschal to three-year terms on the board of directors. Montross received 7,388,984 votes for and 168,702 withheld, while Paschal received 5,387,094 votes for and 2,170,592 withheld, with 1,072,346 broker non-votes for each nominee.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 7,315,387 votes for, 163,194 against and 79,105 abstentions, plus 1,072,346 broker non-votes. In addition, they ratified the appointment of Baker Tilly US, LLP as independent registered public accountants for the year ending December 31, 2026, with 8,572,555 votes for, 48,781 against and 8,696 abstentions.
NWPX Infrastructure, Inc. furnished a shareholder presentation in connection with its Annual Meeting of Shareholders held on June 10, 2026. The company is using a slide presentation, dated the same day, to brief investors on its business and strategy.
The presentation is attached as Exhibit 99.1 to this Form 8‑K under Regulation FD and is designated as “furnished,” meaning it is not treated as filed for liability purposes or automatically incorporated into other securities law filings unless specifically referenced.
NWPX Infrastructure delivered a strong first quarter of 2026 with higher sales, margins, and cash flow. Net sales rose 19.1% to $138.3 million, driven by both Water Transmission Systems and Precast. Net income increased to $10.5 million from $4.0 million, with diluted EPS of $1.08 versus $0.39.
Gross margin improved to 19.3% of sales as higher volumes and better product mix lifted profitability in both segments. Operating cash flow jumped to $29.3 million, helping boost cash to $14.3 million while keeping revolver borrowings at zero and term debt at $10.7 million.
The company completed the $9.0 million acquisition of Boughton’s Precast in Colorado, adding about $1.0 million of Q1 net sales and expanding its stormwater and sewer footprint. Backlog for water transmission projects reached $373 million, with most expected to convert to revenue in 2026–2027. NWPX also repurchased about 33,000 shares for $2.2 million, with $14.2 million still authorized.
NWPX Infrastructure, Inc. reported strong first quarter 2026 results with net sales of $138.3 million, up 19.1% from $116.1 million a year earlier. Gross profit rose 37.7% to $26.7 million, expanding margin to 19.3% of net sales from 16.7%.
Net income more than doubled to $10.5 million, or $1.08 per diluted share, compared with $4.0 million, or $0.39 per diluted share, in first quarter 2025. The Water Transmission Systems segment delivered $93.5 million of net sales and $17.3 million of gross profit, while Precast generated $44.8 million of net sales and $9.3 million of gross profit.
Backlog for Water Transmission Systems reached $373 million as of March 31 2026, with backlog including confirmed orders at $430 million, and the Precast order book was $55 million. Operating cash flow improved sharply to $29.3 million, and the company repurchased $2.2 million of common stock during the quarter.
NWPX Infrastructure Inc ownership disclosure: Royce & Associates reports beneficial ownership of 404,688 shares of Common Stock, representing 4.23% of the class as of 03/31/2026. The filing states Royce & Associates has sole voting and dispositive power over these shares.
BlackRock, Inc. reports beneficial ownership of 716,376 shares of NWPX Infrastructure, Inc. common stock, representing 7.5% of the class as of 03/31/2026. The filing shows sole voting power for 706,341 shares and sole dispositive power for 716,376 shares.
NWPX Infrastructure, Inc. is asking shareholders to vote at its virtual Annual Meeting on June 10, 2026 on three items: electing two directors, approving an advisory vote on executive pay, and ratifying Baker Tilly US, LLP as independent auditor for 2026.
The company highlights a record 2025, with net sales of $526.0 million, net income of $35 million, diluted EPS of $3.56, and strong free cash flow of $47.1 million supporting debt reduction, capacity expansion, and share repurchases of $18 million. The WTS segment generated $350.9 million of net sales and a backlog of $234 million, while the Precast segment delivered $175.1 million of net sales and an order book of $57 million.
The proxy describes a pay-for-performance executive compensation program using base salary, annual cash incentives tied to adjusted pre-tax income, free cash flow and safety, plus equity awards in the form of RSUs and performance share awards linked to EBITDA margin. CEO Scott Montross received 2025 total compensation of $3,492,930. The board stresses strong governance, director independence, safety leadership, ESG oversight, and long-term water infrastructure growth opportunities.
NWPX Infrastructure, Inc. senior vice president of human resources Megan A. Kendrick reported the vesting and exercise of performance share awards into common stock, along with related tax withholding transactions. On March 31, 2026, she acquired common shares through the exercise or conversion of performance shares at an exercise price of $0.00 per share and delivered a portion of those shares back to the company to cover taxes at $77.86 per share, consistent with company policy.
After these compensation-related transactions, she directly holds 10,578 shares of NWPX common stock. Footnotes explain that the performance shares vest in installments over multi‑year schedules and can be earned in amounts ranging from 0–200% based on NWPX’s total EBITDA margin over the applicable measurement periods.