secwatch.observer — SEC 8-K summary
======================================

Issuer:     NWPX Infrastructure, Inc. (NWPX)
CIK:        0001001385
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001437749-24-010867
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northwest Pipe grants PSUs and RSUs to named executives; annual meeting set for June 13, 2024
--------------------------------------------------------------------------------

- CEO Scott Montross receives 23,262 PSUs and 7,754 RSUs; CFO Aaron Wilkins gets 8,651 PSUs and 2,884 RSUs.
- Grants valued as percentage of base salary: 75% PSUs, 25% RSUs; vest over 3 years.
- PSUs vest based on EBITDA margin performance targets (9% minimum, 16.9% max for 200% payout); RSUs vest based on service.
- Annual meeting of shareholders scheduled for June 13, 2024; record date April 11, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001385/000143774924010867/0001437749-24-010867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001385/000143774924010867/nwpx20240104c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-010867

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer