secwatch.observer — SEC 8-K summary
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Issuer:     NWPX Infrastructure, Inc. (NWPX)
CIK:        0001001385
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001437749-26-001761
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NWPX executive VP retiring April 3; Mike Wray named successor with new change-in-control deal
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- Miles Brittain, EVP, will retire on April 3, 2026; Mike Wray appointed EVP effective Jan 19, 2026.
- Wray's annual base salary increased to $450,000 effective Jan 19, 2026.
- New Change in Control Agreement extends through July 31, 2026, and increases payout multiple from 1x to 2x.
- Severance includes 2x (base salary + avg bonus over 3 years), continued benefits for 24 months, and immediate vesting of equity awards.
- Wray previously served as SVP and GM of Precast Infrastructure and Engineered Systems since Nov 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001385/000143774926001761/0001437749-26-001761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001385/000143774926001761/nwpx20260115_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-001761

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