4Filed Aug 4, 8:00 PM ET
NWPX CEO Scott J. Montross Sells 2,500 Shares
$NWPX · NWPX Infrastructure, Inc.Research Summary
AI-generated summary of this SEC filing
NWPX CEO Scott J. Montross Sells 2,500 Shares
What Happened
Scott J. Montross, President & CEO of NWPX Infrastructure, sold 2,500 shares on 2026-08-04 in an open-market transaction, for total proceeds of about $321,546. The reported weighted-average sale price was $128.62 per share. The sale was executed under a pre-established 10b5-1 trading plan adopted on 2026-05-05.
Key Details
- Transaction date: 2026-08-04; Form 4 filed 2026-08-05 (appears timely).
- Price: weighted average $128.62; trades executed within a range of $126.60 to $130.33 (report reflects weighted average).
- Shares sold: 2,500; proceeds ≈ $321,546.
- 10b5-1 plan adoption: 05/05/2026 (footnote F1).
- Footnotes on awards: RSUs = contingent right to one share each (F3); RSUs vest in January 2027, 2028, 2029 (F4). Performance Shares vest 0–200% based on total EBITDA margin and vest in March 2027–2029 (F5, F6).
- Shares owned after the transaction: not specified in the provided filing.
Context
A sale under a 10b5-1 plan is a preplanned transaction and is often routine, so it should not be read on its own as a signal of the insider’s current view. The filing notes multiple executions at different prices; the reporting person can provide a breakdown of the number of shares sold at each price on request.