Quanex director granted 1,206.81 phantom units
Quanex Building Products CORP (NX) reported that director Jason Lippert acquired 1,206.8100 Phantom Stock Units on 2026-08-27 as a grant/award under a Deferred Compensation Plan.
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Rhea-AI Filing Summary
Quanex Building Products CORP (NX) reported that director Jason Lippert acquired 1,206.8100 Phantom Stock Units on 2026-08-27 as a grant/award under a Deferred Compensation Plan. Each unit is the economic equivalent of one share of common stock, with a reference value of $19.68 per unit. Following this grant, Lippert holds a total of 20,528.5160 Phantom Stock Units, which include 82.66 units credited through automatic dividend reinvestment. Distributions are made in cash at a participant-selected date or upon death, disability, or termination of service as a director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2, F3 | 1,206.81 | $19.68 | $24K |
Footnotes (3)
- F1. Each Phantom Stock Unit is the economic equivalent of one share of common stock. Distributions under the Deferred Compensation Plan are made in cash beginning on a specified date selected by the participant or upon the participant's death, disability, or termination of service as a director.
- F2. Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation.
- F3. Includes 82.66 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.
Key Figures
Key Terms
Phantom Stock Units financial
Deferred Compensation Plan financial
automatic dividend reinvestment financial
economic equivalent financial
FAQ
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What insider transaction did NX report for Jason Lippert?
What are the Phantom Stock Units reported by NX for Jason Lippert?
How many Phantom Stock Units does Jason Lippert hold in NX after this transaction?
What was the reference value per Phantom Stock Unit in the NX filing?
How were some of Jason Lippert’s NX Phantom Stock Units credited?
When are cash distributions from NX Phantom Stock Units made under the plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.