Brittain Miles 4

What Happened Brittain Miles, Executive Vice President of NWPX Infrastructure, sold 4,000 shares of NWPX common stock in an open-market/private sale on March 12, 2026. The weighted-average sale price reported was $71.01 per share, for aggregate proceeds of approximately $284,040. This was a sale (not a purchase); sales by insiders are often routine and can be preplanned.

Key Details

• Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (timeliness not specified in the provided data).
• Price/range: Reported weighted-average price $71.01; trades executed at prices ranging from $70.45 to $73.77 per share (multiple trades). Reporting person will provide per-price breakdown on request (footnote F2).
• Shares sold: 4,000 (code S — sale). Total reported proceeds ≈ $284,040.
• Shares owned after transaction: Not reported in the data you provided.
• 10b5-1 plan: Transaction executed under a 10b5-1 trading plan adopted 12/05/2025 (footnote F1).
• Equity awards mentioned: Filing references Restricted Stock Units (RSUs) and Performance Shares; RSUs convert to one share each and vest in installments (Jan 2027 & Jan 2028, footnotes F3–F4). Performance Shares vest based on total EBITDA margin (0–200% payout) and vest in installments March 2026–2028 (F5–F6).
• Other note: Reporting person is a beneficiary of a trust (F7).

Context Because the sale was executed under a 10b5-1 plan and in multiple trades at a weighted-average price, this appears to be a prearranged disposition rather than an ad‑hoc market-timing decision. The filing also documents outstanding RSUs and Performance Shares with scheduled vesting, which represent future potential equity holdings but do not alter the factual nature of this sale.