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.
MONTROSS SCOTT J reported acquisition or exercise transactions in this Form 4 filing.
NWPX Infrastructure, Inc. President & CEO Scott J. Montross received new equity awards as part of his compensation. He was granted 5,689 Restricted Stock Units, each representing a contingent right to one share of common stock, and 17,068 Performance Shares, also tied to common stock.
The Restricted Stock Units vest in three equal installments on January 15, 2027, January 14, 2028, and January 16, 2029. The Performance Shares can be earned from 0–200% of the granted amount based on the company’s total EBITDA margin over a measurement period and then vest in three equal installments on March 31, 2027, March 31, 2028, and March 30, 2029. After these awards, Montross holds 70,977 shares of common stock directly.
NWPX submitted a Form 144 reporting the proposed resale of 7,300 shares of Common Stock through Wells Fargo Clearing Services on 03/12/2026 for an aggregate amount of $532,608.00. The filing lists prior compensation grants dated 01/18/2022, 04/05/2023, 01/17/2025, and 01/20/2026 with quantities 102, 4,045, 1,572, and 1,581 respectively.
NWPX Infrastructure, Inc. President & CEO Scott J. Montross reported an open-market sale of 2,500 shares of common stock on March 9, 2026 at a weighted average price of $72.3155 per share, executed in multiple trades between $71.91 and $73.65.
The sale was made under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 3, 2025. After this transaction, he directly holds 70,977 common shares, plus equity awards. These include 7,616 Restricted Stock Units, each representing one share of common stock and scheduled to vest in installments in January 2027 and 2028.
He also holds 46,752 Performance Shares, which are earned based on NWPX’s total EBITDA margin over a measurement period and can vest from 0–200% of the target amount. These Performance Shares vest in installments in March 2026, 2027 and 2028, providing additional potential future equity exposure.
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.