Stokes Eric 4
4 · NWPX Infrastructure, Inc. · Filed Jan 20, 2026
Insider Transaction Report
Form 4
Stokes Eric
SVP/GM of Water Transmission
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-15+960→ 31,722 total - Tax Payment
Common Stock
[F2]2026-01-15$69.27/sh−409$28,331→ 31,313 total - Exercise/Conversion
Common Stock
[F1]2026-01-15+834→ 32,147 total - Tax Payment
Common Stock
[F2]2026-01-15$69.27/sh−355$24,591→ 31,792 total - Exercise/Conversion
Common Stock
[F1]2026-01-15+709→ 32,501 total - Tax Payment
Common Stock
[F2]2026-01-15$69.27/sh−302$20,920→ 32,199 total - Exercise/Conversion
Restricted Stock
[F3][F4]2026-01-15−960→ 3,798 total→ Common Stock (960 underlying) - Exercise/Conversion
Restricted Stock
[F3][F5]2026-01-15−834→ 2,964 total→ Common Stock (834 underlying) - Exercise/Conversion
Restricted Stock
[F3][F6]2026-01-15−709→ 2,255 total→ Common Stock (709 underlying)
Holdings
- 14,275
Performance Shares
[F7][F8]→ Common Stock (14,275 underlying)
Footnotes (8)
- [F1]Represents shares acquired pursuant to vesting of Restricted Stock Units.
- [F2]Represents shares withheld by the issuer for payment of taxes incurred upon vesting event consistent with company policy.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]The Performance Shares vest in installments in March of 2026, 2027 and 2028.
Signature
/s/ Eric Stokes|2026-01-20