Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses NWPX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NWPX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Scott Montross | $732,182 | $0 | $1,280,061 | $0 | $1,464,364 | $0 | $16,323 | $3,492,930 |
| Director, President, and CEO | ||||||||
| Aaron Wilkins | 440,451 | 0 | 440,004 | 0 | 528,541 | 0 | 15,289 | 1,424,285 |
| SVP, CFO, and Corporate Secretary | ||||||||
| Miles Brittain | 434,190 | 0 | 440,004 | 0 | 521,028 | 0 | 17,283 | 1,412,505 |
| Executive Vice President | ||||||||
| Michael Wray | 356,320 | 0 | 361,121 | 0 | 356,320 | 0 | 15,770 | 1,089,531 |
| SVP and GM of Precast | ||||||||
| Eric Stokes | 356,320 | 0 | 361,121 | 0 | 356,320 | 0 | 14,809 | 1,088,570 |
| SVP and GM of WTS | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Scott Montross | $3,492,930 | $3,168,871 | $2,414,324 | +324,059 |
| Aaron Wilkins | 1,424,285 | 1,328,584 | 1,010,031 | +95,701 |
| Miles Brittain | 1,412,505 | 1,330,612 | 1,014,297 | +81,893 |
| Michael Wray | 1,089,531 | 1,055,470 | 840,396 | +34,061 |
| Eric Stokes | 1,088,570 | 1,054,510 | 859,896 | +34,060 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Miles Brittain | RSU | 2025-03-27 | — | — | 2,594 | — | $110,012 |
| Miles Brittain | PSU | 2025-03-27 | — | 7,781 | — | 15,562 | 329,992 |
| Michael Wray | RSU | 2025-03-27 | — | — | 2,129 | — | 90,291 |
| Eric Stokes | RSU | 2025-03-27 | — | — | 2,129 | — | 90,291 |
| Scott Montross | PSU | 2025-03-27 | — | 22,637 | — | 45,274 | 960,035 |
| Scott Montross | RSU | 2025-03-27 | — | — | 7,546 | — | 320,026 |
| Eric Stokes | PSU | 2025-03-27 | — | 6,386 | — | 12,772 | 270,830 |
| Aaron Wilkins | PSU | 2025-03-27 | — | 7,781 | — | 15,562 | 329,992 |
| Aaron Wilkins | RSU | 2025-03-27 | — | — | 2,594 | — | 110,012 |
| Michael Wray | PSU | 2025-03-27 | — | 6,386 | — | 12,772 | 270,830 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Miles Brittain | $110,012 | $329,992 | $0 | 75.0% |
| Michael Wray | 90,291 | 270,830 | 0 | 75.0% |
| Eric Stokes | 90,291 | 270,830 | 0 | 75.0% |
| Scott Montross | 320,026 | 960,035 | 0 | 75.0% |
| Aaron Wilkins | 110,012 | 329,992 | 0 | 75.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Scott Montross | PSU | 62,337 | — | $3,895,438 |
| Aaron Wilkins | PSU | 22,348 | — | 1,396,527 |
| Miles Brittain | PSU | 22,348 | — | 1,396,527 |
| Eric Stokes | PSU | 19,033 | — | 1,189,372 |
| Michael Wray | PSU | 18,861 | — | 1,178,624 |
The Company's compensation program is designed to reward the achievement of specific annual and long-term goals, aligning executive interests with shareholders by rewarding performance that exceeds established goals. The program emphasizes pay-for-performance, with a significant portion of target total direct compensation at-risk and a pay mix heavily weighted toward long-term incentives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Willis Towers Watson |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-10 | 7,315,387 | 163,194 | 79,105 | 97.82% | Passed |
| 2025 | 2025-06-12 | 7,049,809 | 840,298 | 154,139 | 89.35% | Passed |
| 2024 | 2024-06-13 | 7,717,534 | 559,672 | 223,038 | 93.24% | Passed |
| 2023 | 2023-06-22 | 7,507,479 | 376,937 | 223,536 | 95.22% | Passed |
| 2022 | 2022-06-16 | 6,620,927 | 1,064,498 | 320,876 | 86.15% | Passed |
| 2021 | 2021-06-10 | 7,130,819 | 638,626 | 308,238 | 91.78% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-10 | 97.82%a |
| 2025 | 2025-06-12 | 89.35%b |
| 2024 | 2024-06-13 | 93.24%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 45 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $77,143 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard RomanIndependent · Board Chair · Audit | $150,000 | $85,000 | — | — | — | $235,000 |
| Michael FransonIndependent · Lead Independent Director · Compensation (Chair) · Audit | 117,500 | 85,000 | — | — | — | 202,500 |
| Keith LarsonIndependent · Audit (Chair) · Compensation · Environmental and Social Governance | 100,000 | 85,000 | — | — | — | 185,000 |
| John PaschalIndependent · Nominating and Governance (Chair) | 82,500 | 85,000 | — | — | — | 167,500 |
| Amanda JulianIndependent · Environmental and Social Governance (Chair) · Nominating and Governance | 82,500 | 85,000 | — | — | — | 167,500 |
| Irma LockridgeIndependent · Compensation · Nominating and Governance | 80,000 | 85,000 | — | — | — | 165,000 |
| Scott MontrossEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $85,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $612,500 |
| Equity awards (grant-date value) | $510,000 |
| All other compensation | $0 |
| Total cost of the board | $1,122,500 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | NWPX Infrastructure | 2025 | Scott Montross | $732,182 | $1,280,061 | $0 | $1,464,364 | $3,492,930 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Scott Montross | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Summary Compensation Table”. As printed: 3,492,930. Filing ↗machine: r2 · c20 · span 1026421–1026430 |
| 2 | Section 01, Aaron Wilkins | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Summary Compensation Table”. As printed: 1,424,285. Filing ↗machine: r6 · c20 · span 1038743–1038752 |
| 3 | Section 01, Miles Brittain | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Summary Compensation Table”. As printed: 1,412,505. Filing ↗machine: r10 · c20 · span 1051068–1051077 |
| 4 | Section 01, Michael Wray | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Summary Compensation Table”. As printed: 1,089,531. Filing ↗machine: r18 · c20 · span 1076362–1076371 |
| 5 | Section 01, Eric Stokes | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Summary Compensation Table”. As printed: 1,088,570. Filing ↗machine: r14 · c20 · span 1063343–1063352 |
| 6 | Section 03, Miles Brittain RSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1142956–1142963 |
| 7 | Section 03, Miles Brittain PSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1139509–1139516 |
| 8 | Section 03, Michael Wray RSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1173082–1173088 |
| 9 | Section 03, Eric Stokes RSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1157067–1157073 |
| 10 | Section 03, Scott Montross PSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1112398–1112405 |
| 11 | Section 03, Scott Montross RSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1115845–1115852 |
| 12 | Section 03, Eric Stokes PSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1153620–1153627 |
| 13 | Section 03, Aaron Wilkins PSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1125953–1125960 |
| 14 | Section 03, Aaron Wilkins RSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1129400–1129407 |
| 15 | Section 03, Michael Wray PSU | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1169019–1169026 |
| 16 | Section 07, pay ratio | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “CEO Pay Ratio”. As printed: 45 : 1. Filing ↗ |
| 17 | Section 08, Richard Roman | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 235,000. Filing ↗machine: span 855859–855866 |
| 18 | Section 08, Michael Franson | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 202,500. Filing ↗machine: span 848138–848145 |
| 19 | Section 08, Keith Larson | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 185,000. Filing ↗machine: span 851226–851233 |
| 20 | Section 08, John Paschal | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 167,500. Filing ↗machine: span 854314–854321 |
| 21 | Section 08, Amanda Julian | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 167,500. Filing ↗machine: span 849682–849689 |
| 22 | Section 08, Irma Lockridge | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 165,000. Filing ↗machine: span 852771–852778 |
| 23 | Section 08, Scott Montross | DEF 14A | 2026-04-23 | 0001437749-26-013175 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 24 | Section 06, 2026 vote | Form 8-K | 2026-06-11 | 0001437749-26-020293 | Item 5.07 · say-on-pay result. As reported: 97.82% (votes for as printed: 7,315,387). Filing ↗ |
| 25 | Section 06, 2025 vote | Form 8-K | 2025-06-13 | 0001437749-25-020329 | Item 5.07 · say-on-pay result. As reported: 89.35% (votes for as printed: 7,049,809). Filing ↗ |
| 26 | Section 06, 2024 vote | Form 8-K | 2024-06-14 | 0001437749-24-020332 | Item 5.07 · say-on-pay result. As reported: 93.24% (votes for as printed: 7,717,534). Filing ↗ |
| 27 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 28 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 29 | Section 09b board cost (computed) | Computed | — | computed | Cash 612,500 + equity 510,000 + all other 0 = 1,122,500, summed across the director compensation table rows.machine: formula: Σ = 1,122,500 |
| 30 | NWPX Infrastructure (subject), Section 10b CEO total | DEF 14A | 2026-04-23 | 0001437749-26-013175 | CEO total compensation as printed in NWPX Infrastructure's own proxy. As printed: 3,492,930. Filing ↗machine: r2 · c20 · span 1026421–1026430 |