Quanex director granted phantom stock units
Quanex Building Products director William E. Jr.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,327.67 | $18.83 | $25K |
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 96.992 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
FAQ
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What did Quanex (NX) director William E. Jr. Waltz report in this Form 4?
How many phantom stock units does William E. Jr. Waltz hold after this Quanex (NX) transaction?
How were the new Quanex (NX) phantom stock units for William E. Jr. Waltz earned?
What is the reference value per Quanex (NX) Phantom Stock Unit in this filing?
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