Insider Trading March 16, 2026

Brittain Miles Sells 4,000 NWPX Shares in March Transaction

Executive vice president reduces direct holdings while company posts a notable Q4 2025 earnings beat

By Maya Rios NWPX
Brittain Miles Sells 4,000 NWPX Shares in March Transaction
NWPX

Brittain Miles, Executive Vice President of NWPX Infrastructure, Inc., sold 4,000 shares of company common stock on March 12, 2026, in a transaction valued at $284,040. The sale occurred at a weighted average price of $71.01 per share with execution prices ranging from $70.45 to $73.77. Following the disposition, Miles retains 23,306 shares held directly via a trust, plus outstanding restricted stock units and performance shares that vest over the next two years. NWPX recently reported Q4 2025 earnings that beat consensus estimates, with EPS of $0.93 versus an expected $0.62 and revenue of $125.6 million compared with $122 million estimated.

Key Points

  • Brittain Miles sold 4,000 shares of NWPX common stock on March 12, 2026, at a weighted average price of $71.01, totaling $284,040.
  • Following the sale, Miles directly owns 23,306 shares via a trust and retains 2,691 RSUs (vesting in January 2027 and 2028) plus 16,761 Performance Shares vesting in March 2026, 2027 and 2028.
  • NWPX reported Q4 2025 EPS of $0.93 versus an expected $0.62 and revenue of $125.6 million versus an expected $122 million; the stock traded at $72.42, near a 52-week high of $83.12 and is up about 70% over the past year.

According to a Securities and Exchange Commission filing, Brittain Miles, who serves as Executive Vice President at NWPX Infrastructure, Inc. (NASDAQ: NWPX), completed the sale of 4,000 shares of the companys common stock on March 12, 2026. The transaction generated proceeds of $284,040 based on a reported weighted average sale price of $71.01 per share. The executed sale prices ranged from $70.45 up to $73.77.

After the March 12 disposition, the filing shows Miles continues to directly own 23,306 shares through a trust. The filing further lists additional equity-linked holdings: 2,691 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of NWPX common stock, scheduled to vest in installments in January 2027 and January 2028; and 16,761 Performance Shares, with vesting installments set for March 2026, March 2027 and March 2028.

At the time of the report, NWPX was trading at $72.42, a level the filing describes as near the shares 52-week high of $83.12. The stock has risen approximately 70% over the previous year. An InvestingPro analysis noted in the filing indicates the shares appear slightly overvalued relative to the services reported Fair Value.

Separately reported results for the fourth quarter of 2025 show NWPX Infrastructure delivered an earnings per share of $0.93, exceeding the forecasted $0.62 by 50 percent. Revenue for the period was $125.6 million, which topped the expected $122 million. The companys performance in that quarter is presented in the filing as a material beat against the estimates cited.

The filing does not include details on any immediate changes to analyst ratings or formal guidance revisions tied to the insider sale or the quarterly results. It does reference InvestingPros broader research offerings, which include a Pro Research Report that covers NWPX among more than 1,400 U.S. equities.


Below are key takeaways and contextual points drawn from the SEC filing and the companys reported results.

  • Transaction specifics: 4,000 shares sold on March 12, 2026 at a weighted average price of $71.01; total proceeds $284,040; price range $70.45 to $73.77.
  • Post-transaction ownership: Miles retains 23,306 direct shares via a trust, plus 2,691 RSUs vesting in January 2027 and 2028, and 16,761 Performance Shares vesting in March 2026, 2027 and 2028.
  • Company performance: Q4 2025 EPS of $0.93 versus $0.62 expected, and revenue of $125.6 million versus $122 million expected.

These items offer a snapshot of insider activity and recent corporate results, which market participants may incorporate into their own assessments of the companys valuation and prospects. The filing and reported results form the basis for the factual account above.

Risks

  • Insider sale - The disposition of shares by an executive may be interpreted differently by market participants; the filing does not indicate the rationale for the sale. This could affect investor sentiment in the infrastructure sector.
  • Valuation - An InvestingPro note in the filing states the stock appears slightly overvalued relative to its Fair Value, which introduces valuation risk for equity investors in NWPX and similar infrastructure names.
  • Uncertainty around future vesting - A portion of Miles holdings are in RSUs and Performance Shares that vest over the next two years; future dilution or vesting outcomes could influence share count and investor evaluation.

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