Quanex director Manish H. Shah gets 6,000 stock units
Payment is contingent on death, disability, cessation of board service or a change of control of the company.
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Rhea-AI Filing Summary
Manish H. Shah, a director of Quanex Building Products Corp. (NX), received an award of 6,000 restricted stock units on November 1, 2026, bringing his reported direct RSU position to 18,308 units. Each unit represents a contingent right to receive cash equal to the value of one Quanex common share. The units vest immediately and pay out upon death, disability, cessation of service as a director, or a change of control of the company.
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 and will pay out upon the death, disability, Director's cessation of service as a director, or change of control of the Company.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
change of control financial
FAQ
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How many RSUs did Quanex (NX) director Manish H. Shah receive?
When does Manish H. Shah's Quanex (NX) RSU award pay out?
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