NWPX Infrastructure, Inc. — Director's Dealing 2025

Feb 13, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHWEST PIPE CO (NWPX)
CIK: 0001001385
Period of Report: 2025-02-12

Reporting Person: MONTROSS SCOTT J (President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-12	Common Stock	J	2357	—	Disposed	68122	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (8039)	8039	Direct
Performance Shares	$		Common Stock (48424)	48424	Direct

Footnotes

F1: Shares were transferred as a non-sale transaction without monetary consideration pursuant to a domestic relations order in connection with a divorce settlement. The reporting person no longer has any pecuniary interest in these securities.

F2: Each Restricted Stock Unit represents a contingent right to receive one share of Northwest Pipe Company common stock.

F3: The Restricted Stock Units vest in installments in January 2026 and 2027.

F4: Performance Shares vest in an amount ranging from 0-200% to the extent such Performance Shares are earned. Performance Shares are earned based on Northwest Pipe Company's total EBITDA margin over the measurement period.

F5: The Performance Shares vest in installments in March of 2025, 2026 and 2027.