Quanex director receives 1,738.65 phantom units as deferred pay
Quanex Building Products director reports new deferred compensation units.
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Rhea-AI Filing Summary
Quanex Building Products director reports new deferred compensation units. On 12/04/2025, the reporting person, a director of Quanex Building Products Corp (NX), acquired 1,738.65 phantom stock units under the company’s Deferred Compensation Plan. Each phantom stock unit is the economic equivalent of one share of common stock, but distributions from the plan are made in cash at a time chosen by the director or upon death, disability, or termination of board service.
After this transaction, the director beneficially owned 20,473.582 phantom stock units held directly, which includes 104.816 units that were credited automatically through dividend reinvestment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,738.65 | $13.66 | $24K |
Footnotes (3)
- F1. Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation.
- F2. 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.
- F3. Includes 104.816 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.
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