NWPX Director Michael Franson Sells 3,500 Shares

What Happened

• Michael C. Franson, a director of NWPX Infrastructure, Inc. (NWPX), disposed of 3,500 shares in an open market/private sale on 2026-09-09 at $105.30 per share for a total of $368,562.50. On 2026-09-10 he additionally made a bona fide gift of 100 shares (no proceeds).
• This filing reports dispositions (a sale and a gift). Sales are disposals of stock (not purchases) and gifts do not reflect a purchase decision.

Key Details

• Primary sale: 3,500 shares @ $105.30 on 2026-09-09 — proceeds $368,563 (rounded).
• Gift: 100 shares on 2026-09-10; reported value $0 to the reporting person (footnote F1 confirms a bona fide gift).
• Shares owned after the transactions: not disclosed in the information provided.
• Filing: Report filed 2026-09-11 for transactions dated 2026-09-09 and 2026-09-10 — this appears to be within the normal 2-business-day SEC reporting window (no late filing flag provided).

Context

• For retail investors: purchases typically signal more actionable insider conviction than sales. Sales can be routine (cash needs, diversification, pre-arranged plans) and gifts are commonly personal transfers, not market signals.
• Transaction codes: S = Sale, G = Gift (F1 footnote confirms the 100-share gift).