Insider Trading March 23, 2026

NWPX Infrastructure EVP Sells $233,940 in Shares as Company Posts Strong Q4 Results

Miles Brittain disposed of 3,300 shares on March 20, 2026; firm reported better-than-expected Q4 2025 earnings and enacted new PSU/RSU awards for executives

By Derek Hwang NWPX
NWPX Infrastructure EVP Sells $233,940 in Shares as Company Posts Strong Q4 Results
NWPX

Miles Brittain, Executive Vice President at NWPX Infrastructure (NASDAQ: NWPX), sold 3,300 shares on March 20, 2026, for $233,940. The transaction occurred at prices between $69.6001 and $71.85 per share. NWPX has since traded up to $76.04, a 66% gain over the past year, though InvestingPro analysis flags the stock as overvalued versus its Fair Value with a P/E ratio of 21.34. Separately, NWPX reported Q4 2025 results that beat consensus on both earnings and revenue and disclosed board-approved performance and restricted stock unit awards for named executives that vest in installments between 2027 and 2029.

Key Points

  • Miles Brittain sold 3,300 shares of NWPX on March 20, 2026, for total proceeds of $233,940 at prices between $69.6001 and $71.85 per share.
  • NWPX reported Q4 2025 EPS of $0.93 versus analyst expectations of $0.62, and revenue of $125.6 million versus projected $122 million.
  • Post-transaction holdings for Brittain include 2,691 RSUs, 16,761 Performance Shares, and indirect ownership of 20,006 shares through a trust; the board approved PSUs and RSUs for named executives vesting between 2027 and 2029.

Miles Brittain, who serves as Executive Vice President at NWPX Infrastructure (NASDAQ: NWPX), completed a sale of 3,300 shares of the company’s common stock on March 20, 2026. The total proceeds from the sale amounted to $233,940, with the shares transacted at prices ranging from $69.6001 to $71.85 per share.

Since that sale, NWPX’s share price has moved higher and was trading at $76.04, a price that represents a 66% increase over the trailing 12 months. However, InvestingPro’s valuation work cited alongside the transaction indicates the shares may be trading above their Fair Value; the service reports a price-to-earnings ratio for the company of 21.34.

Following the disposition, Brittain’s equity interests in NWPX include direct holdings of 2,691 Restricted Stock Units (RSUs) and 16,761 Performance Shares. In addition to those direct holdings, Brittain has an indirect ownership position of 20,006 shares of common stock held through a trust.

Investors seeking deeper valuation context and additional analytical commentary are directed to the InvestingPro Pro Research Report for NWPX, which the notice indicates contains further InvestingPro Tips and a fuller look at the stock’s metrics.


In other corporate developments, NWPX Infrastructure released fourth-quarter 2025 financial results that outperformed street expectations. The company reported earnings per share of $0.93, ahead of consensus estimates of $0.62. Revenue for the quarter came in at $125.6 million, also exceeding the projected $122 million.

The company’s board additionally approved new equity awards for named executive officers comprised of performance share units (PSUs) and restricted stock units (RSUs). The awards are structured and valued as a percentage of each executive’s annual base salary. According to the company’s disclosures, the PSUs will vest in three installments between 2027 and 2029 and are subject to performance conditions. The RSUs follow the same vesting cadence, vesting in three installments between 2027 and 2029 based on continued service.

These compensation decisions are presented by the company as a means of aligning executive incentives with longer-term performance objectives. The public filings detailing Brittain’s sale, the company’s quarter results, and the board-approved award structures provide the factual basis for the holdings and the timing noted above.

Risks

  • Valuation risk: InvestingPro analysis indicates NWPX shares may be trading above Fair Value, with a reported P/E ratio of 21.34 - this affects equity market participants and investors in infrastructure-related stocks.
  • Executive compensation and incentive structure: PSUs are contingent on performance and RSUs on continued service with vesting between 2027 and 2029, introducing multi-year execution risk for shareholders tied to management alignment and long-term results.
  • Concentration risk in insider holdings: Changes in insider ownership, including indirect holdings through trusts, can influence perceptions of insider confidence and trading flows in the infrastructure sector.

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