---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-015752"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:29:45.530663+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001437749-22-015752
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774922015752/0001437749-22-015752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774922015752/nwpx20220517b_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-015752
- JSON: https://secwatch.observer/filing/0001437749-22-015752.json
- Plain text: https://secwatch.observer/filing/0001437749-22-015752.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.