Northwest Pipe shareholders approve 2022 stock plan; director Franson tenders resignation after majority withhold vote

NWPX Infrastructure, Inc.

Shareholders approved 2022 Stock Incentive Plan reserving 1,000,000 shares; 6,869,913 votes for, 1,117,468 against.
Board granted PSUs and RSUs to CEO Montross (23,850 PSUs + 7,950 RSUs) and three other named executives.
Director Michael Franson received 4,124,773 withhold votes vs 3,881,528 for; tendered conditional resignation per governance principles.
Board to decide on resignation within 90 days; Franson continues service pending deliberation.
Advisory vote on exec compensation passed (6,620,927 for); Moss Adams ratified as auditor (8,775,191 for).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.