Form 4: Quanex awards 8,045 cash-settled RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanex Building Products (NX) reported a director equity grant on a Form 4. On 11/03/2025, the director acquired 8,045 restricted stock units at $0. These RSUs vest immediately and each represents a right to receive cash equal to the value of one share, payable upon death, disability, end of board service, or a change in control. Following the transaction, derivative securities beneficially owned were 24,955, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LIPPERT JASON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,045 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 24,955 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock. The restricted stock units vest immediately and will pay out upon the death, disability, cessation of the Director's service as a director, or change in control of the Company.
FAQ
What did Quanex (NX) disclose in this Form 4?
A director acquired 8,045 restricted stock units on 11/03/2025 at $0.
How do the RSUs granted to the Quanex (NX) director vest?
They vest immediately.
Are the Quanex (NX) director RSUs stock-settled or cash-settled?
Each RSU pays cash equal to the value of one share of common stock.
When are the RSUs payable for the Quanex (NX) director?
Upon death, disability, cessation of service, or change in control.
How many derivative securities does the director hold after the transaction?
Beneficial ownership of derivative securities is 24,955, held directly.
What is the underlying security for the RSUs?
The RSUs reference Quanex common stock.