MONTROSS SCOTT J 4

What Happened

Scott J. Montross, President & CEO of NWPX Infrastructure, sold 2,056 shares of NWPX common stock in an open-market transaction on 2026-03-30. The sale was executed at a weighted average price of $76.85 per share for total proceeds of approximately $158,004. This was a sale (code S) and not a purchase; such sales are often routine but do not, by themselves, indicate management's view of the company.

Key Details

• Transaction date: 2026-03-30 (filed with the SEC on 2026-03-31 — timely filing).
• Shares sold / price / value: 2,056 shares at a $76.85 weighted average price; ~$158,004 total.
• Multiple trades: Filing notes the transaction was executed in multiple trades; reported price is a weighted average (F2).
• Trading plan: Transaction executed under a 10b5-1 trading plan adopted 12/03/2025 (F1).
• Shares owned after transaction: Not specified in the provided filing.
• Other equity awards referenced: Restricted Stock Units (each converts to one share) vest in installments in Jan 2027, 2028, 2029 (F3, F4). Performance Shares vest in March 2026–2029 and may pay out 0–200% based on total EBITDA margin (F5, F6).

Context

• 10b5-1 plan: Sales under a 10b5-1 plan are pre-arranged and can allow insiders to sell shares on a preset schedule; they reduce the likelihood that the sale reflects contemporaneous insider information.
• Multiple-trade sale: The weighted-average price reflects several executions; the filer can provide per-trade prices on request.
• Awards: The filing also references time- and performance-based awards (RSUs and Performance Shares) with specified vesting schedules and performance conditions — these are future contingent equity, not immediate cash transactions.

Facts only — no inference about Montross’s motives.