Quanex NX Form 4 shows cash RSU settlement and new 8,045 RSUs
Rhea-AI Filing Summary
Quanex Building Products (NX) reported insider activity by a director. On 11/01/2025, 3,530 restricted stock units (RSUs) vested and were settled in cash, paired with a disposition of 3,530 common shares at $14.21, leaving 0 common shares directly owned. On 11/03/2025, the director received a new grant of 8,045 RSUs. Each RSU represents a right to cash equal to one NX share’s value; the new RSUs vest immediately and are payable on the first anniversary or upon specified events.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: cash-settled RSU vest and new RSU grant.
The filing shows a director’s 3,530 RSUs vested on 11/01/2025 and were settled in cash, with a corresponding disposition of 3,530 common shares at $14.21. This reflects settlement mechanics rather than open-market buying or selling.
A new grant of 8,045 RSUs on 11/03/2025 increased outstanding RSUs to 55,159. RSUs pay cash equal to one share’s value and vest immediately, becoming payable on the first anniversary or certain events. Overall, this is administrative and typically neutral for valuation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,045 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,530 | $0.00 | -- |
| Exercise | Common Stock | 3,530 | $0.00 | -- |
| Disposition | Common Stock | 3,530 | $14.21 | $50K |
Footnotes (1)
- Represents the total number of restricted stock units that were settled in cash pursuant to their terms. Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock. The restricted stock units vested immediately and were settled in cash on the first anniversary of their grant date, pursuant to the payment election made by the reporting person. The restricted stock unit will vest immediately. The restricted stock units will become payable upon the first anniversary of the date of grant or the reporting person's death, disability or cessation of service on the board or change of control of the Company.