4Filed Aug 17, 8:00 PM ET
NWPX CEO Scott Montross Sells 2,500 Shares
$NWPX · NWPX Infrastructure, Inc.Research Summary
AI-generated summary of this SEC filing
NWPX CEO Scott Montross Sells 2,500 Shares
What Happened Scott J. Montross, President & CEO of NWPX Infrastructure, sold 2,500 shares in an open-market transaction on August 17, 2026. The weighted-average sale price was $115.13 per share (range $113.92–$116.16), producing gross proceeds of approximately $287,819. This was a sale (routine disposition) rather than a purchase.
Key Details
- Transaction type: Sale (open market) of 2,500 shares on 2026-08-17.
- Price: Weighted average $115.13; execution prices ranged $113.92–$116.16 (multiple trades).
- Proceeds: About $287,819 (gross).
- Shares owned after transaction: Not specified in the filing.
- 10b5-1 plan: Trade executed under a prearranged 10b5-1(c) plan adopted 05/05/2026 (footnote F1).
- Additional footnotes: Reporting person holds Restricted Stock Units (each convertible to one share) vesting in Jan 2027, 2028, 2029 (F3–F4); Performance Shares vest in March 2027–2029 and may pay out 0–200% based on NWPX total EBITDA margin (F5–F6). The filer will provide per-trade price breakdown on request (F2).
- Filing timeliness: Report filed 2026-08-18 for the 2026-08-17 transaction (timely).
Context The sale was carried out under a pre-established 10b5-1 plan, which typically schedules trades in advance and is intended to reduce insider trading concerns. Sales by insiders can be routine (tax-planning, diversification, liquidity) and do not by themselves indicate management sentiment about the company’s outlook.