Scott J. Montross, President and Chief Executive Officer of NWPX Infrastructure, Inc. (NASDAQ: NWPX), reported the sale of 2,500 shares of common stock on March 16, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were disposed of at $71.44 per share, producing an aggregate transaction value of $178,600. At the time of reporting, NWPX’s shares were trading at $73.35, a price that represents a 73% gain over the prior 12 months.
Post-transaction holdings and award schedule
After this sale, Montross directly owns 68,477 shares of NWPX common stock. In addition to his direct holdings, Montross holds 13,305 Restricted Stock Units (RSUs). Those RSUs are structured to vest in installments in January of 2027, 2028 and 2029, with each unit representing a contingent right to receive one share of NWPX common stock upon vesting.
Montross is also the holder of 63,820 Performance Shares. Those performance-based awards vest in installments in March of 2026, 2027, 2028 and 2029. The ultimate payout for these Performance Shares can range from 0-200% depending on the degree to which the awards are earned, with the metric specified as NWPX’s total EBITDA margin over the measurement period.
Valuation context and analyst view
Analysis cited in the company filing notes that, on a P/E basis, the stock trades at a ratio of 20.45. That same analysis describes the shares as appearing slightly overvalued relative to a stated Fair Value. Independent analyst price targets mentioned in the filing range between $80 and $90.
Recent operating results
In related company disclosures, NWPX reported fourth-quarter 2025 results in which earnings per share were $0.93, beating a forecasted $0.62 by roughly 50%. Revenue for the quarter was $125.6 million, ahead of the $122 million expectation. The filing notes these results as evidence of the company outperforming market predictions and says analysts have taken note of the quarterly performance, although no specific upgrades or downgrades are cited in the filing.
Where to find additional research
The filing references a comprehensive Pro Research Report available for this and more than 1,400 other U.S. stocks on InvestingPro for those seeking deeper analysis of valuation and performance metrics.
The Form 4 disclosure documents the insider sale and the continuing composition of Montross’s equity position, while the company’s quarterly results and third-party valuation commentary provide the market context in which this transaction occurred.