MONTROSS SCOTT J 4
4 · NWPX Infrastructure, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
NWPX CEO Scott J. Montross Sells 2,500 Shares
What Happened
Scott J. Montross, President & CEO of NWPX Infrastructure, sold 2,500 shares of NWPX common stock in an open-market transaction on March 9, 2026. The weighted average sale price was $72.32 per share, generating proceeds of approximately $180,789. The sale was executed in multiple trades at prices ranging from $71.91 to $73.65 and was made pursuant to a pre-established 10b5-1 trading plan adopted on December 3, 2025.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-10). Filing appears timely.
- Shares sold: 2,500; weighted average price: $72.32; approximate proceeds: $180,789.
- Price range for trades: $71.91–$73.65 (report reflects weighted average; reporting person can provide per-trade breakdown on request).
- Sale type/code: S (sale, open-market/private sale). Executed under a 10b5-1(c) plan (adopted 12/03/2025).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Related equity awards noted in the filing: Restricted Stock Units (each converts to one share; vest in installments Jan 2027 & Jan 2028) and Performance Shares (0–200% payout based on total EBITDA margin; vest in March 2026, 2027, 2028).
Context
This was a planned sale under a 10b5-1 trading plan, which typically means the trades were prearranged rather than ad hoc. Sales do not necessarily indicate a change in outlook; purchases tend to be more informative about bullish insider sentiment. The filing discloses ongoing equity awards that will vest in future periods (RSUs and performance-based shares).
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-09$72.32/sh−2,500$180,789→ 70,977 total
- 7,616
Restricted Stock Units
[F3][F4]→ Common Stock (7,616 underlying) - 46,752
Performance Shares
[F5][F6]→ Common Stock (46,752 underlying)
Footnotes (6)
- [F1]Adoption date of referenced 10b5-1(c) plan is: 12/03/2025
- [F2]This transaction was executed in multiple trades at prices ranging from $71.91 to $73.65 per share. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [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 in January of 2027 and 2028.
- [F5]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.
- [F6]The Performance Shares vest in installments in March of 2026, 2027 and 2028.