Quanex director William E. Waltz Jr. gets 6,000 stock units
The director’s units vested immediately, but cash payment is tied to death, disability, cessation of service as a director, or a change in control.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Quanex Building Products Corp. director William E. Waltz Jr. acquired 6,000 restricted stock units on November 1, 2026. Each unit is a contingent right to receive cash equal to the value of one share of Quanex common stock. The units vested immediately and become payable upon the grantee’s death, disability, cessation of service as a director, or a change in control. His reported post-transaction position was 35,368 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 6,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The restricted stock units vest immediately. The restricted stock units will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
change in control financial
FAQ
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How many RSUs did a Quanex (NX) director receive?
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