Tanguis Jesus 4
4 · NWPX Infrastructure, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
NWPX SVP Tanguis Receives RSU & Performance Share Awards
What Happened
- Tanguis Jesus, SVP and GM, Precast Infrastructure at NWPX Infrastructure, received two equity awards reported on Form 4: 1,195 restricted stock units (RSUs) and 3,584 performance share units, both granted on 2026-03-12. These are derivative awards (no share sale or open-market purchase); no purchase price or immediate cash changed hands.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-23 (appears later than the typical two-business-day filing window).
- Award types: 1,195 RSUs (each converts to one share when vested) and 3,584 Performance Shares (contingent units).
- Prices: N/A (awards/grants — no exercise price reported).
- Vesting:
- RSUs vest in thirds: 1/3 on Jan 15, 2027; 1/3 on Jan 14, 2028; 1/3 on Jan 16, 2029. (F2)
- Performance Shares vest 0–200% depending on NWPX total EBITDA margin; vest in thirds on Mar 31, 2027; Mar 31, 2028; and Mar 30, 2029. (F3, F4)
- Shares owned after transaction: not stated in the provided filing.
- Filing timeliness: Filed 11 days after the transaction date — appears late relative to the typical two-business-day Form 4 deadline.
Context
- These awards are compensation/retention instruments: RSUs convert to common stock on vesting; Performance Shares pay out only to the extent performance goals are met (could be 0% to 200% of target). Such grants do not indicate an immediate buy/sell decision by the insider.
Insider Transaction Report
Form 4
Tanguis Jesus
SVP/GM Precast Infrastructure
Transactions
- Award
Restricted Stock
[F1][F2]2026-03-12+1,195→ 2,034 total→ Common Stock (1,195 underlying) - Award
Performance Shares
[F3][F4]2026-03-12+3,584→ 7,838 total→ Common Stock (3,584 underlying)
Holdings
- 1,496
Common Stock
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of NWPX common stock.
- [F2]The Restricted Stock Units vest in installments as follows: 1/3 on January 15, 2027, 1/3 on January 14, 2028 and 1/3 on January 16, 2029.
- [F3]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.
- [F4]The Performance Shares vest in installments as follows: 1/3 on March 31, 2027, 1/3 on March 31, 2028 and 1/3 on March 30, 2029.
Signature
/s/ Jesus Tanguis|2026-03-23