NWPX Infrastructure sets CEO base salary at USD 0.82 million under new employment agreement

Reuters
Mar 18
NWPX Infrastructure sets CEO base salary at USD 0.82 million under new employment agreement

NWPX Infrastructure’s board approved long-term incentive grants on March 12, 2026, with awards structured as 75% performance share units and 25% restricted stock units. At target performance, Scott Montross received 17,068 performance share units and 5,689 restricted stock units. The company also entered into employment agreements effective March 30, 2026 that set annual base salaries, including USD 0.82 million for Scott Montross and USD 495,000 for Aaron Wilkins. Under these agreements, if the company terminates a named executive officer without cause outside a change in control, it will pay 1x annual base salary plus a target short-term incentive bonus for the termination year. Separately, Miles Brittain’s retirement agreement provides an annual base salary of USD 175,000 for part-time consulting beginning April 6, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NWPX Infrastructure Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-008601), on March 17, 2026, and is solely responsible for the information contained therein.

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