Kendrick Megan A. 4
Research Summary
AI-generated summary
NWPX Sr. VP Megan Kendrick Sells 4,500 Shares
What Happened
- Megan A. Kendrick, Senior Vice President of Human Resources at NWPX Infrastructure, sold 4,500 shares of NWPX common stock in an open‑market/ private sale on 2026-03-04. The shares were disposed at $80.59 per share for a total value of $362,655. The sale was reported on a Form 4 filed 2026-03-06.
Key Details
- Transaction date and price: 2026-03-04, 4,500 shares at $80.59 each (total $362,655). (Transaction code: S = Sale)
- Report filed: Form 4 accession 0001437749-26-007159 on 2026-03-06 (appears timely).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes of note:
- F1: Sale executed pursuant to a 10b5‑1(c) trading plan adopted 11/06/2025.
- F2–F3: Restricted Stock Units (RSUs) represent contingent rights to one share each and vest in January 2027 and 2028.
- F4–F5: Performance Shares vest 0–200% based on NWPX total EBITDA margin and vest in March 2026, 2027 and 2028.
Context
- This was a sale (disposition) rather than a purchase or exercise. Sales by executives can be routine (e.g., diversification, tax planning, or pursuant to pre‑existing 10b5‑1 plans) and do not by themselves indicate management’s view on the company’s outlook.