Scott J. Montross, President and Chief Executive Officer of NWPX Infrastructure, Inc. (EXCHANGE:NWPX), executed a sale of company common stock on March 30, 2026. The CEO disposed of 2,056 shares at a price of $76.85 per share, producing gross proceeds of $158,003.
The sale coincided with trading around $77.23, a level noted as close to the stock's 52-week high of $83.12. Over the prior 12 months the share price had appreciated roughly 83%.
Following the transaction, Montross is recorded as directly owning 63,921 shares of NWPX Infrastructure common stock. In addition to his direct holdings, Montross retains a portfolio of equity awards: 13,305 Restricted Stock Units (RSUs) and 63,820 Performance Shares.
The RSUs are scheduled to vest in installments in January 2027, January 2028 and January 2029. The Performance Shares are set to vest in installments in March of 2026, 2027, 2028 and 2029. Payouts on the Performance Shares can range from 0% to 200% of the target amount, contingent on NWPX's total EBITDA margin over the applicable measurement period.
The share sale was carried out pursuant to a pre-established 10b5-1(c) trading plan that Montross adopted on December 3, 2025.
Separately, NWPX Infrastructure reported fourth-quarter 2025 financial results showing performance ahead of consensus estimates. The company reported earnings per share of $0.93 versus an expected $0.62, representing a 50% beat relative to the forecast. Revenue for the quarter was $125.6 million, also above the anticipated $122.0 million.
Alongside the earnings disclosure, the company's Board of Directors approved grants of performance share units (PSUs) and restricted stock units (RSUs) to its named executive officers. Those awards are structured as a percentage of each executive's annual base salary and will vest over multiple years, subject to performance criteria and continued service conditions.
Market commentary included an InvestingPro assessment that NWPX appears overvalued relative to its Fair Value, and that 12 additional ProTips are available to subscribers. That valuation view stands alongside the company's reported quarterly outperformance and the board's recent compensation actions.
The transactions and disclosures together leave Montross with substantial continued economic exposure to NWPX through direct shares and multi-year incentive awards, even as he reduced a portion of his holdings via the planned sale.