MONTROSS SCOTT J 4

What Happened Scott J. Montross, President & CEO of NWPX Infrastructure, sold 2,500 shares in an open-market/ private sale on 2026-03-16. The reported weighted-average sale price was $72.48 per share, for total proceeds of approximately $181,200. The sale was reported on a Form 4 filed 2026-03-23.

Key Details

• Transaction date: 2026-03-16 (reported 2026-03-23). Reported sale code: S (sale/disposition).
• Price/amount: 2,500 shares at a weighted average price of $72.48; proceeds ≈ $181,200.
• Multiple trades: Transaction executed in multiple trades; the $72.48 is the weighted average (reporting person can provide per-trade details on request).
• Shares owned after transaction: Not specified on the reported Form 4.
• 10b5-1 plan: Sale was made under a 10b5-1 trading plan adopted 12/03/2025 (footnote F1).
• Vesting/awards context noted on the filing: RSUs represent a contingent right to one share and vest in installments (Jan 2027–2029); Performance Shares vest Mar 2026–2029 and may pay out 0–200% based on NWPX total EBITDA margin (footnotes F3–F6).
• Filing timeliness: The Form 4 was filed seven days after the trade (appears later than the usual two-business-day Form 4 deadline).

Context The sale was executed under a pre-established 10b5-1 plan, which typically sets predetermined parameters for insider trades and can indicate the sale was scheduled in advance rather than a discretionary decision. The filing also discloses outstanding restricted stock units and performance share awards with multi-year vesting schedules; those awards are contingent or performance-based and do not necessarily reflect immediate market sentiment.