TSX slightly higher on employment data
Aaron Wilkins, Chief Financial Officer of NWPX Infrastructure, Inc. (NASDAQ:NWPX), a $496.5 million market cap company with a perfect Piotroski Score of 9 according to InvestingPro, sold 2,500 shares of company stock in two separate transactions. On August 29, 2025, Wilkins sold 500 shares at a price of $54.02 per share. Then, on September 2, 2025, he sold 2,000 shares in multiple trades at prices ranging from $52.00 to $52.76, with a weighted average sale price of $52.2448. The total value of the sales amounted to $131499. The company maintains strong financial health with a current ratio of 3.95x and liquid assets exceeding short-term obligations.
Following these transactions, Wilkins directly owns 24,762 shares of NWPX Infrastructure, Inc. common stock.
Wilkins also holds 5,587 Restricted Stock Units, each representing a contingent right to receive one share of NWPX common stock, which vest in installments in January of 2026, 2027 and 2028. Additionally, he holds 16,761 Performance Shares, which vest in installments in March of 2026, 2027 and 2028, in an amount ranging from 0-200% to the extent such Performance Shares are earned based on NWPX’s total EBITDA margin over the measurement period.
The sales were executed under a pre-arranged 10b5-1(c) trading plan adopted on May 23, 2025.
In other recent news, NWPX Infrastructure Inc. reported robust second-quarter results for 2025, surpassing both earnings and revenue forecasts. The company achieved earnings per share of $0.91, which exceeded the anticipated $0.72, resulting in a 26.39% surprise. Revenue also outperformed expectations, reaching $133.2 million compared to the forecasted $120.93 million, marking a 10.15% surprise. Additionally, NWPX Infrastructure and its subsidiaries entered into a Fourth Amendment to their existing credit agreement with Wells Fargo Bank and other lenders. This amendment extends the maturity date of the credit facility from June 29, 2028, to August 13, 2030, and reduces the pricing terms. The credit agreement, initially established in 2021, includes a revolving loan, swingline loan, and letters of credit totaling up to $125 million, with an option to increase by an additional $50 million. These developments indicate a positive trajectory for the company, reflecting strategic financial management and strong operational performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.