---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-034919"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:17:38.353609+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe Co. approves 2024 STI plan and amends bylaws

## Summary
- 2024 STI plan ties bonus to pre-tax income and safety; CEO target 100% of base (range 0-200%).
- CFO and EVP target 60% of base (range 0-120%); other NEOs target 50% (range 0-100%).
- Bylaws amended effective Dec 14, 2023: enhanced special meeting requirements, new proposal deadline, Board can postpone meetings.
- Bylaws also make technical, conforming, and modernizing changes including combining proposal/nomination rules.

## SEC filing metadata
- accession: 0001437749-23-034919
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774923034919/0001437749-23-034919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774923034919/nwpx20231207_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-034919
- JSON: https://secwatch.observer/filing/0001437749-23-034919.json
- Plain text: https://secwatch.observer/filing/0001437749-23-034919.txt

## Key facts
- Governance Changes
  NWPX Infrastructure, Inc.: Amended and Restated Bylaws enhancing special meeting requirements, changing shareholder proposal deadlines, and allowing board to postpone/cancel/reschedule meetings, with technical and modernizing changes (effective 2023-12-14).
  - Change: bylaw amendment
  - Effective: 2023-12-14
  source text: On December 14, 2023, the Board of the Company approved the Company’s Amended and Restated Bylaws (the “Bylaws”), effective immediately. Among other things, the amendments effected by the Bylaws enhance the requirements for shareholders to call a special meeting, change the deadline for shareholder proposals and provide the Board the ability to postpone, cancel or reschedule shareholder meetings.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001385/000143774923034919/0001437749-23-034919-index.htm

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