other material
confidence high
sentiment neutral
materiality 0.40
Northwest Pipe grants 25,814 PSUs and 8,605 RSUs to CEO; other executives also receive awards
NWPX Infrastructure, Inc.
- CEO Scott Montross receives 25,814 PSUs and 8,605 RSUs; 75% in PSUs tied to EBITDA margin, 25% time-based RSUs.
- CFO Aaron Wilkins gets 9,636 PSUs and 3,212 RSUs; EVP Miles Brittain receives same amounts.
- SVP Eric Stokes awarded 8,647 PSUs and 2,882 RSUs; SVP Michael Wray gets 8,255 PSUs and 2,752 RSUs.
- PSUs vest in three tranches (Apr 2024, Mar 2025, Mar 2026) based on EBITDA margin targets; RSUs vest Jan 2024, 2025, 2026.