Quanex EVP Helen Ann Downer reports 7,200 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Quanex Building Products Corp. (NX) reports that Helen Ann Downer, EVP - Commercial Excellence, held 7,200 common shares directly, 10,136 shares held by her spouse, and 6,385 restricted stock units directly as of November 1, 2026. Each unit represents a contingent right to cash equal to the value of one Quanex common share and vests August 1, 2027, subject to continued employment. The direct common shares include 2,300 and 4,900 restricted shares scheduled to vest March 1, 2028, and December 4, 2028, respectively, subject to continued employment. Downer disclaims beneficial ownership of the spouse-held shares to the extent of her pecuniary interest therein.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Units F3, F4 | -- | -- | -- |
| Holding | Common Stock F1 | -- | -- | -- |
| Holding | Common Stock F2 | -- | -- | -- |
Footnotes (4)
- F1. The shares of common stock listed in column 2 of Table 1 comprise (1) 2,300 shares of restricted stock that will vest on March 1, 2028, subject to the reporting person's continued employment and (2) 4,900 shares of restricted stock that will vest on December 4, 2028, subject to the reporting person's continued employment.
- F2. These shares were originally obtained in connection with the Issuer's acquisition of Tyman plc on August 1, 2024. Shares held by the reporting person's spouse. The reporting person disclaims beneficial ownership to the extent of the reporting person's pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- F3. Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock.
- F4. The Restricted Stock Units will vest on August 1, 2027, subject to the reporting person's continued employment.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
beneficial ownership regulatory
pecuniary interest regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.