Quanex (NYSE: NX) director adds to deferred phantom stock holdings in Form 4
Rhea-AI Filing Summary
Quanex Building Products director reports additional deferred compensation units
A director of Quanex Building Products Corp. reported a new grant of 1,738.65 phantom stock units on December 4, 2025 under the company’s Deferred Compensation Plan. Each phantom stock unit is economically equivalent to one share of Quanex common stock, but is settled in cash rather than actual shares, generally beginning on a specified date chosen by the director or upon death, disability, or when board service ends.
After this transaction, the director beneficially holds 5,430.387 phantom stock units, including 20.6530 units that were added automatically through dividend reinvestment. The phantom units in this filing are reported as derivative securities with a reference price of $13.66 per unit.
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FAQ
What insider transaction did Quanex Building Products (NX) report in this Form 4?
The Form 4 shows a Quanex Building Products Corp. director acquired 1,738.65 phantom stock units on December 4, 2025 under the company’s Deferred Compensation Plan.
What are phantom stock units in the Quanex Building Products (NX) plan?
Each phantom stock unit is the economic equivalent of one share of Quanex common stock, but distributions are made in cash rather than stock, based on the Deferred Compensation Plan terms.
How many Quanex (NX) phantom stock units does the director hold after this transaction?
Following the reported transaction, the director beneficially owns 5,430.387 phantom stock units under the Deferred Compensation Plan.
What price is associated with the Quanex (NX) phantom stock units in this filing?
The phantom stock units reported in this Form 4 are referenced at a price of $13.66 per unit as part of the derivative security disclosure.
How were dividends treated for the Quanex (NX) phantom stock units?
The total includes 20.6530 phantom stock units that were automatically credited through dividend reinvestment to the director’s account.
When are Quanex (NX) phantom stock units paid out to the director?
Distributions are made in cash, starting on a specified date chosen by the participant or upon the director’s death, disability, or termination of service on the board.