STOCK TITAN

Quanex Building Products (NX) director receives phantom stock unit award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quanex Building Products director Manish H. Shah reported an acquisition of 1,139.090 Phantom Stock Units on February 26, 2026 as a grant under a Deferred Compensation Plan, at an assigned value of $20.85 per unit. After this award, his account holds a total of 6,597.723 phantom units, which are economically equivalent to the company’s common shares but are settled in cash at a future date or upon certain events such as death, disability, or termination of service.

Positive

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Insider Shah Manish H
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 1,139.09 $20.85 $24K
Holdings After Transaction: Phantom Stock Units — 6,597.723 shares (Direct)
Footnotes (1)
  1. Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation. 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. Includes 28.246 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.
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*
Shah Manish H

(Last) (First) (Middle)
945 BUNKER HILL ROAD
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 6,597.723(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 28.246 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).
** 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.

FAQ

What insider transaction did Manish H. Shah report for NX?

Manish H. Shah reported receiving 1,139.090 Phantom Stock Units as director compensation. These units were credited under a Deferred Compensation Plan and are economically equivalent to Quanex common stock, but will be paid out in cash at future specified times or events.

How many Quanex (NX) phantom stock units does Manish H. Shah now hold?

After the reported grant, Manish H. Shah holds 6,597.723 Phantom Stock Units. This total includes units granted for deferred director compensation and additional units credited from automatic dividend reinvestment, all tracked within Quanex’s Deferred Compensation Plan for directors.

What are Phantom Stock Units in the Quanex (NX) Form 4 filing?

Phantom Stock Units are bookkeeping entries economically equivalent to one Quanex common share. They track the value of the stock but do not represent actual shares; distributions are made in cash according to the terms of the Deferred Compensation Plan for participating directors.

How were the new Quanex (NX) phantom stock units valued in the grant?

The 1,139.090 Phantom Stock Units were assigned a value of $20.85 per unit. This valuation is used to determine the credited amount under the Deferred Compensation Plan for deferred director compensation, aligning the units’ economic value with Quanex’s common stock price.

What triggers payment of Quanex (NX) Phantom Stock Units to Manish H. Shah?

Distributions of Phantom Stock Units are made in cash beginning on a date Shah selects under the plan or upon his death, disability, or termination as a director. The units mirror Quanex’s stock value until those payment-triggering events occur.

Do Quanex (NX) Phantom Stock Units include dividend reinvestment credits?

Yes. The reported holdings include 28.246 Phantom Stock Units credited through automatic dividend reinvestment. These additional units accumulate when dividends are credited within the Deferred Compensation Plan, further aligning director accounts with Quanex’s shareholder returns over time.