NWPX CEO Scott J. Montross Sells 1,227 Shares
$NWPX · NWPX Infrastructure, Inc.Research Summary
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NWPX CEO Scott J. Montross Sells 1,227 Shares
What Happened
Scott J. Montross, President & CEO of NWPX Infrastructure, sold 1,227 shares of NWPX common stock in an open-market transaction on 2026-08-31. The weighted-average sale price reported was $110.58 per share, for total proceeds of approximately $135,683. This sale was reported on Form 4 and executed pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-08-31; reported on Form 4 filed 2026-09-02 (timely filing).
- Sale type/code: S (open market sale) executed in multiple trades at prices ranging $110.01–$111.22; $110.58 is the weighted-average price. Reporting person can provide per-trade quantities/prices on request (footnote).
- Shares sold: 1,227; proceeds ≈ $135,683.
- Shares owned after transaction: not specified in the items provided in this summary.
- Notable footnotes: 10b5-1 plan adoption date 05/05/2026 (footnote F1). Footnotes also note existing equity awards: Restricted Stock Units (RSUs) convert 1:1 to shares and vest in January 2027–2029 (F3,F4); Performance Shares vest in March 2027–2029 and are earned 0–200% based on total EBITDA margin (F5,F6).
- Filing timeliness: No late filing indicated.
Context
This was a sale rather than a purchase; sales under pre-established 10b5-1 plans are common and often routine portfolio-management transactions rather than direct signals about company prospects. The filing also discloses outstanding RSUs and performance-based awards that vest in future years, which represent future potential share issuances if earned/vested.