Quanex director granted 1,651.420 phantom units
Quanex Building Products CORP (NX) reported that director Bradley E. Hughes received a grant of phantom equity tied to the company’s stock.
Rhea-AI Filing Summary
Quanex Building Products CORP (NX) reported that director Bradley E. Hughes received a grant of phantom equity tied to the company’s stock. On 2026-08-27 he acquired 1,651.420 Phantom Stock Units, each economically equivalent to one share of common stock, based on deferred director compensation. After this award and dividend reinvestment credits, his deferred account holds 19,295.958 Phantom Stock Units under the company’s Deferred Compensation Plan, which are settled in cash at a later date or upon certain separation events.
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Insider Trade Summary
Grant/Award: 1,651.42 shares
Grant/Award
1 txn
Insider
Hughes Bradley E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2, F3 | 1,651.42 | $19.68 | $32K |
Holdings After Transaction:
Phantom Stock Units — 19,295.958 contracts (Direct)
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 75.485 phantom stock units credited to the participant's account as a result of automatic dividend reinvestment.
Key Figures
Phantom Stock Units granted: 1,651.420 units
Grant price per Phantom Stock Unit: $19.68 per unit
Total Phantom Stock Units after transaction: 19,295.958 units
+1 more
4 metrics
Phantom Stock Units granted
1,651.420 units
Grant to director Bradley E. Hughes on 2026-08-27
Grant price per Phantom Stock Unit
$19.68 per unit
Economic equivalent of one share of common stock
Total Phantom Stock Units after transaction
19,295.958 units
Bradley E. Hughes’s Deferred Compensation Plan account following the grant
Phantom units from dividend reinvestment
75.485 units
Automatic dividend reinvestment credited to participant’s account
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"
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
"phantom stock units credited ... as a result of automatic dividend reinvestment"
FAQ
What insider transaction did NX director Bradley E. Hughes report on this Form 4?
Director Bradley E. Hughes reported acquiring 1,651.420 Phantom Stock Units of Quanex Building Products CORP on 2026-08-27 as a grant under the company’s Deferred Compensation Plan, tied to his deferred director compensation.
What are the Phantom Stock Units reported for NX in this filing?
Each Phantom Stock Unit is the economic equivalent of one share of Quanex common stock. They are bookkeeping units under the Deferred Compensation Plan and are settled in cash beginning on a participant-selected date or upon death, disability, or termination of service as a director.
What price was used for the NX Phantom Stock Unit grant to Bradley E. Hughes?
The 1,651.420 Phantom Stock Units were credited at $19.68 per unit, with each unit economically equivalent to one share of Quanex common stock, as part of the calculation for the deferred director compensation credited to his account.
How many NX Phantom Stock Units came from dividend reinvestment for Bradley E. Hughes?
The filing states that 75.485 Phantom Stock Units in Bradley E. Hughes’s Deferred Compensation Plan account were credited as a result of automatic dividend reinvestment on the phantom units.
AI-generated analysis. How Rhea-AI works. Not financial advice.