Quanex (NX) director receives phantom stock units under deferred plan

Rhea-AI Filing Summary

Quanex Building Products director William E. Jr. Waltz reported a compensation-related award of phantom stock units. On May 28, 2026, he acquired 1,327.6700 Phantom Stock Units, each economically equivalent to one share of common stock, at a reference value of $18.83 per unit.

These units are credited under a Deferred Compensation Plan tied to director compensation and are settled in cash at a later date or upon death, disability, or termination of service. Following this award, his account reflects 23,210.523 phantom stock units, including 96.992 units from automatic dividend reinvestment.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Waltz William E Jr.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	1,327.67	$18.83	$25K

Holdings After Transaction: Phantom Stock Units — 23,210.523 shares (Direct, null)

Footnotes (1)

1. 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. Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation. Includes 96.992 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.

Key Figures

Phantom units granted: 1,327.6700 units Reference unit value: $18.8300 per unit Total phantom units after: 23,210.523 units +2 more

5 metrics

Phantom units granted 1,327.6700 units Phantom Stock Units granted on May 28, 2026

Reference unit value $18.8300 per unit Value used to credit deferred director compensation

Total phantom units after 23,210.523 units Phantom Stock Units credited to Waltz after transaction

Dividend reinvestment units 96.992 units Phantom units from automatic dividend reinvestment

Underlying common stock 1,327.6700 shares Underlying Quanex common stock equivalent for new units

Key Terms

Phantom Stock Units, Deferred Compensation Plan, automatic dividend reinvestment

3 terms

Phantom Stock Units financial

"Each Phantom Stock Unit is the economic equivalent of one share of common stock."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Deferred Compensation Plan financial

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

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

automatic dividend reinvestment financial

"Includes 96.992 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment."

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Waltz William E Jr.

(Last) (First) (Middle)

945 BUNKER HILL

SUITE 900

(Street)

HOUSTON TEXAS 77024

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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

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

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

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)	05/28/2026		A(2)		1,327.67		(1)	(1)	Common Stock	1,327.67	$18.83	23,210.523(3)	D

Explanation of Responses:

1. 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.

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

3. Includes 96.992 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.

	/s/ Paul B. Cornett, Power of Attorney	06/01/2026
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Quanex (NX) director William E. Jr. Waltz report in this Form 4?

He reported a grant of phantom stock units. Waltz acquired 1,327.6700 Phantom Stock Units tied to his director compensation, each economically equivalent to one Quanex common share, credited under the company’s Deferred Compensation Plan.

How many phantom stock units does William E. Jr. Waltz hold after this Quanex (NX) transaction?

He holds 23,210.523 phantom stock units after the award. This total includes the newly granted 1,327.6700 units and 96.992 additional units credited through automatic dividend reinvestment under the Deferred Compensation Plan.

Are the Quanex (NX) phantom stock units actual shares of common stock?

No, they are cash-settled equivalents. Each Phantom Stock Unit is the economic equivalent of one Quanex common share, but distributions from the Deferred Compensation Plan are made in cash rather than in actual stock.

How were the new Quanex (NX) phantom stock units for William E. Jr. Waltz earned?

The units were credited from deferred director compensation. Under the Deferred Compensation Plan, a portion of his director compensation is deferred and converted into Phantom Stock Units based on Quanex’s share value.

What is the reference value per Quanex (NX) Phantom Stock Unit in this filing?

The filing shows a reference value of $18.83 per unit. Waltz was credited 1,327.6700 Phantom Stock Units at $18.8300, reflecting the price used to determine how many units his deferred director compensation purchased.