NWPX Infrastructure, Inc. (NWPX) 8-K Current Report: March 17, 2026
Filed: March 17, 2026
Materials
Steel Pipe & TubesNWPX Infrastructure, Inc. (NWPX) 8-K current report filed with SEC EDGAR on March 17, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items2 items
- Item 5.02: Departure/Election of Directors or Officers
- Item 8.01: Other Events
NWPX Infrastructure, Inc. 8-K Mar 17, 2026 Event Analysis
Item 5.02 · Departure/Election of Directors or Officers
- • CEO Montross granted 17,068 PSUs + 5,689 RSUs; CFO Wilkins 4,775 PSUs + 1,592 RSUs; all NEOs receive 75%/25% PSU/RSU split of long-term incentive award
- • PSUs vest in 3 equal installments (Mar 2027–2029) tied to EBITDA margin performance; actual vesting can exceed or fall below target
- • NEO employment agreements effective Mar 30, 2026: Montross $815K base, Wilkins $495K, Wray $450K, Stokes $410K; 2-year initial term with auto-renewal
- • Termination without Cause outside Change in Control triggers 1x base salary + target STI bonus; RSUs and PSUs fully forfeited in that scenario
- • EVP Miles Brittain retiring Apr 3, 2026; transitions to part-time consultant at $175K/year for 3-year term; unvested RSUs preserved through Jan 2028 but all PSUs forfeited
Item 8.01 · Other Events
- • Jesus Tanguis, 47, elevated to corporate officer status effective March 12, 2026, overseeing Precast Infrastructure and Engineered Systems
- • Brings 7+ years VP-level experience at Minova Global in civil infrastructure across Americas and Latin America
- • Compensation includes incentive pay, equity awards, and benefits in line with other executive officers
- • 2026 Annual Meeting set for June 10, 2026; shareholder record date April 9, 2026
Other NWPX Infrastructure, Inc. 8-K Filings
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