Director at Quanex (NYSE: NX) granted new phantom stock units

Rhea-AI Filing Summary

LIPPERT JASON reported acquisition or exercise transactions in this Form 4 filing.

Quanex Building Products director Jason Lippert reported an award of 1,139.090 Phantom Stock Units on the company’s deferred compensation plan, at a reference price of $20.85 per unit. Each unit is the economic equivalent of one common share, and plan distributions are paid in cash at future dates or upon qualifying events.

After this grant and related activity, Lippert holds a total of 17,883.280 Phantom Stock Units credited to his account, including units added through automatic dividend reinvestment under the plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LIPPERT JASON

(Last) (First) (Middle)

945 BUNKER HILL

SUITE 900

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Quanex Building Products CORP [ NX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units(1)	(2)	02/26/2026		A		1,139.09		(2)	(2)	Common Stock	1,139.09	$20.85	17,883.28(3)	D

Explanation of Responses:

1. Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation.

2. 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.

3. Includes 86.722 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.

	/s/ Paul B. Cornett, Power of Attorney	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Quanex (NX) report for Jason Lippert?

Jason Lippert reported receiving 1,139.090 Phantom Stock Units as a grant under Quanex’s Deferred Compensation Plan. These units represent deferred director compensation and track Quanex’s common stock value for compensation purposes, rather than being actual shares currently issued.

What are Phantom Stock Units in Quanex (NX)’s deferred compensation plan?

Quanex’s Phantom Stock Units are bookkeeping entries economically equivalent to one common share each. They are credited to a participant’s deferred compensation account and later settled in cash, based on stock value when distributions occur under the plan’s terms.

How many Quanex (NX) Phantom Stock Units does Jason Lippert now hold?

After the reported award, Jason Lippert has 17,883.280 Phantom Stock Units credited to his Quanex deferred compensation account. This total includes amounts from deferrals of director compensation and additional units from automatic dividend reinvestment within the plan.

How are Quanex (NX) Phantom Stock Units valued in this Form 4 filing?

The newly credited 1,139.090 Phantom Stock Units are tied to a reference price of $20.85 per unit. Each unit is designed to mirror the economic value of one Quanex common share, although payouts are ultimately made in cash, not stock.

When are Quanex (NX) Phantom Stock Units paid out to directors?

Distributions of Quanex Phantom Stock Units are made in cash on a date the participant selects under the Deferred Compensation Plan or upon the participant’s death, disability, or termination of service as a director, according to the plan’s terms.