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sellWeak cluster of 210b5-1 plan

Michael C Franson sold $331k of NWPX

director at NORTHWEST PIPE CO. 5,506 shares at an average of $60.17, traded Dec 9, 2025, filed Dec 11, 2025.

Warning score
23
Value
$331k
5,506 shares
Holdings after
18,525
-23% from before
From 52-week low
+60%
low $37.23, close $59.63
From 52-week high
-7%
high $63.88, as of Dec 9, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $331k at market
    +15
  • Share of holdings sold
    Sold 23% of holdings
    +5
  • Cluster
    2 insiders selling within 14 days
    +8
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +5.0%, 3m +16.6%, 6m +105.7%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NWPXOct 12, 2026 · close 99.22
Since filing Dec 11, 2025: +57.9%SPY +14.1% · excess +43.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001437749-25-037501, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 9, 2025SOpen-market sale
Common Stock10b5-1
-5,506$60.17$331k18,525Dec 11, 2025

Related signals

Other insiders at NORTHWEST PIPE CO and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
15Weak
NWPXsell 310b5-1
NORTHWEST PIPE CO
Keith R Larson
director
$27k
250 shares
-2%
45Moderate
NWPXsell 310b5-1
NORTHWEST PIPE CO
Eric Stokes
SVP and Group President of WTS
$1.3M
12,631 shares
-50%
45Moderate
NWPXsell 310b5-1
NORTHWEST PIPE CO
Eric Stokes
SVP and Group President of WTS
$1.3M
12,353 shares
-33%
20Weak
NWPXsell 310b5-1
NORTHWEST PIPE CO
Keith R Larson
director
$102k
1,000 shares
-6%
20Weak
NWPXsell 510b5-1
NORTHWEST PIPE CO
Keith R Larson
director
$102k
1,000 shares
-6%
17Weak
NWPXsell 510b5-1
NORTHWEST PIPE CO
Aaron Wilkins
CFO
$2,039
20 shares
-0%
20Weak
NWPXsell 510b5-1
NORTHWEST PIPE CO
Keith R Larson
director
$101k
1,000 shares
-6%
29Weak
NWPXsell 510b5-1
NORTHWEST PIPE CO
Aaron Wilkins
CFO
$196k
1,950 shares
-8%
50Moderate
NWPXsell 6
NORTHWEST PIPE CO
Michael C Franson
director
$369k
3,500 shares
-18%
20Weak
NWPXsell 610b5-1
NORTHWEST PIPE CO
Keith R Larson
director
$106k
1,000 shares
-5%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michael C Franson sold $331k of NWPX | InsiderTell