Quanex director gets 1,261 phantom stock units
Lawler Mary Katherine reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lawler Mary Katherine reported acquisition or exercise transactions in this Form 4 filing.
Quanex Building Products director Mary Katherine Lawler reported a compensation-related award of 1,261.290 Phantom Stock Units, each economically equivalent to one share of common stock, at a reference value of $18.83 per unit.
The units were credited under a Deferred Compensation Plan tied to deferral of director compensation, with future distributions made in cash on a date she selected or upon death, disability, or termination of board service. Following this award, her account reflects 3,562.914 Phantom Stock Units, including 10.201 units added through automatic dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,261.29 | $18.83 | $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 10.201 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
director compensation financial
FAQ
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What did Mary Katherine Lawler report in Quanex (NX) on this Form 4?
How many Quanex (NX) phantom stock units were granted and at what value?
What are Phantom Stock Units in Quanex (NX)'s Deferred Compensation Plan?
How many Quanex (NX) phantom stock units does Lawler hold after this grant?
Are Mary Katherine Lawler’s Quanex (NX) phantom stock units open-market purchases?
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