[Form 4] Quanex Building Products Corporation Insider Trading Activity
Quanex Building Products Corp. (NX) director Manish H. Shah was credited with 1,111.37 Phantom Stock Units on 08/28/2025 under the company's Deferred Compensation Plan. Each phantom unit is the economic equivalent of one share of common stock and will be distributed in cash according to the participant's selected payment schedule or upon death, disability, or termination of service. The filing shows a reported per-unit price of $21.37 and indicates the reporting person now beneficially owns 3,671.084 phantom units in total, which includes 10.789 units from automatic dividend reinvestment. The Form 4 was signed by power of attorney on 08/29/2025.
Quanex Building Products Corp. (NX), il direttore Manish H. Shah, ha ricevuto 1.111,37 Phantom Stock Units il 28/08/2025 nell'ambito del Piano di Compensazione Differita della società. Ciascuna phantom unit corrisponde economicamente a un'azione ordinaria e verrà corrisposta in contanti secondo il piano di pagamento scelto dal partecipante o in caso di decesso, invalidità o cessazione del rapporto. La segnalazione indica un prezzo per unità di $21.37 e mostra che la persona segnalante detiene ora complessivamente 3.671,084 phantom unit, incluse 10,789 unità derivate dal reinvestimento automatico dei dividendi. Il Form 4 è stato firmato per procura il 29/08/2025.
Quanex Building Products Corp. (NX) director Manish H. Shah fue acreditado con 1,111.37 Phantom Stock Units el 28/08/2025 bajo el Plan de Compensación Diferida de la empresa. Cada phantom unit equivale económicamente a una acción ordinaria y se pagará en efectivo según el calendario de pagos seleccionado por el participante o en caso de fallecimiento, discapacidad o terminación del servicio. La presentación reporta un precio por unidad de $21.37 e indica que la persona informante posee ahora 3,671.084 phantom units en total, incluidas 10.789 unidades por reinversión automática de dividendos. El Form 4 fue firmado por poder el 29/08/2025.
Quanex Building Products Corp. (NX) 이사인 Manish H. Shah는 2025년 8월 28일 회사의 이연 보상 계획(Deferred Compensation Plan)에 따라 1,111.37 Phantom Stock Units를 부여받았습니다. 각 팬텀 유닛은 보통주 1주와 동일한 경제적 가치를 가지며, 참가자가 선택한 지급 일정에 따라 또는 사망, 장애 또는 근무 종료 시 현금으로 지급됩니다. 제출서에는 단위당 가격이 $21.37로 보고되어 있으며, 보고인은 자동 배당 재투자분 10.789 유닛을 포함해 총 3,671.084 팬텀 유닛을 보유하고 있는 것으로 나타났습니다. 해당 Form 4는 2025년 8월 29일 대리권으로 서명되었습니다.
Quanex Building Products Corp. (NX), le directeur Manish H. Shah, s'est vu attribuer 1 111,37 Phantom Stock Units le 28/08/2025 dans le cadre du plan de rémunération différée de la société. Chaque phantom unit équivaut économiquement à une action ordinaire et sera versée en espèces selon le calendrier de paiement choisi par le participant ou en cas de décès, d'invalidité ou de cessation de service. le dépôt indique un prix par unité de $21.37 et précise que la personne déclarée possède désormais 3 671,084 phantom units au total, dont 10,789 unités issues du réinvestissement automatique des dividendes. Le Form 4 a été signé par procuration le 29/08/2025.
Quanex Building Products Corp. (NX)-Direktor Manish H. Shah wurde am 28.08.2025 im Rahmen des Deferred Compensation Plans des Unternehmens mit 1.111,37 Phantom Stock Units gutgeschrieben. Jede Phantom Unit entspricht wirtschaftlich einer Stammaktie und wird in bar gemäß dem vom Teilnehmer gewählten Zahlungsplan oder im Todesfall, bei Invalidität oder Beendigung des Dienstverhältnisses ausgezahlt. Die Meldung weist einen gemeldeten Stückpreis von $21.37 aus und gibt an, dass die meldende Person nun insgesamt 3.671,084 Phantom Units besitzt, darunter 10.789 Einheiten aus der automatischen Dividendenwiederanlage. Das Form 4 wurde am 29.08.2025 per Vollmacht unterzeichnet.
- 1,111.37 Phantom Stock Units credited to director Manish H. Shah on 08/28/2025, reflecting alignment of director compensation with company value
- Dividend reinvestment added 10.789 phantom units, showing the plan credits dividend equivalents to participant accounts
- None.
Insights
TL;DR: Routine director deferral of compensation into phantom stock units aligns pay with shareholder outcomes without immediate equity dilution.
This Form 4 documents a non-cash compensation event: 1,111.37 phantom stock units credited to a director under the Deferred Compensation Plan as deferred director compensation. Phantom units mirror economic exposure to common stock but are payable in cash, so they do not create additional shares outstanding or immediate voting dilution. The per-unit accounting reference of $21.37 reflects the valuation used for this grant or reporting metric. For governance analysis, this is a standard compensation deferral and not a change in control, management stake, or corporate strategy.
TL;DR: A routine deferral grant increases the director's cash-settled exposure to company performance; impact on financials is indirect and deferred.
The entry of 1,111.37 phantom units represents deferral of director fees into an instrument that tracks the economic value of common stock. Because distributions are cash-settled per the plan, this is a compensation liability rather than equity, affecting future cash obligations when paid. The inclusion of 10.789 units from dividend reinvestment indicates the plan credits dividend equivalents to participant accounts. This is a standard element of nonqualified deferred compensation arrangements for board members.
Quanex Building Products Corp. (NX), il direttore Manish H. Shah, ha ricevuto 1.111,37 Phantom Stock Units il 28/08/2025 nell'ambito del Piano di Compensazione Differita della società. Ciascuna phantom unit corrisponde economicamente a un'azione ordinaria e verrà corrisposta in contanti secondo il piano di pagamento scelto dal partecipante o in caso di decesso, invalidità o cessazione del rapporto. La segnalazione indica un prezzo per unità di $21.37 e mostra che la persona segnalante detiene ora complessivamente 3.671,084 phantom unit, incluse 10,789 unità derivate dal reinvestimento automatico dei dividendi. Il Form 4 è stato firmato per procura il 29/08/2025.
Quanex Building Products Corp. (NX) director Manish H. Shah fue acreditado con 1,111.37 Phantom Stock Units el 28/08/2025 bajo el Plan de Compensación Diferida de la empresa. Cada phantom unit equivale económicamente a una acción ordinaria y se pagará en efectivo según el calendario de pagos seleccionado por el participante o en caso de fallecimiento, discapacidad o terminación del servicio. La presentación reporta un precio por unidad de $21.37 e indica que la persona informante posee ahora 3,671.084 phantom units en total, incluidas 10.789 unidades por reinversión automática de dividendos. El Form 4 fue firmado por poder el 29/08/2025.
Quanex Building Products Corp. (NX) 이사인 Manish H. Shah는 2025년 8월 28일 회사의 이연 보상 계획(Deferred Compensation Plan)에 따라 1,111.37 Phantom Stock Units를 부여받았습니다. 각 팬텀 유닛은 보통주 1주와 동일한 경제적 가치를 가지며, 참가자가 선택한 지급 일정에 따라 또는 사망, 장애 또는 근무 종료 시 현금으로 지급됩니다. 제출서에는 단위당 가격이 $21.37로 보고되어 있으며, 보고인은 자동 배당 재투자분 10.789 유닛을 포함해 총 3,671.084 팬텀 유닛을 보유하고 있는 것으로 나타났습니다. 해당 Form 4는 2025년 8월 29일 대리권으로 서명되었습니다.
Quanex Building Products Corp. (NX), le directeur Manish H. Shah, s'est vu attribuer 1 111,37 Phantom Stock Units le 28/08/2025 dans le cadre du plan de rémunération différée de la société. Chaque phantom unit équivaut économiquement à une action ordinaire et sera versée en espèces selon le calendrier de paiement choisi par le participant ou en cas de décès, d'invalidité ou de cessation de service. le dépôt indique un prix par unité de $21.37 et précise que la personne déclarée possède désormais 3 671,084 phantom units au total, dont 10,789 unités issues du réinvestissement automatique des dividendes. Le Form 4 a été signé par procuration le 29/08/2025.
Quanex Building Products Corp. (NX)-Direktor Manish H. Shah wurde am 28.08.2025 im Rahmen des Deferred Compensation Plans des Unternehmens mit 1.111,37 Phantom Stock Units gutgeschrieben. Jede Phantom Unit entspricht wirtschaftlich einer Stammaktie und wird in bar gemäß dem vom Teilnehmer gewählten Zahlungsplan oder im Todesfall, bei Invalidität oder Beendigung des Dienstverhältnisses ausgezahlt. Die Meldung weist einen gemeldeten Stückpreis von $21.37 aus und gibt an, dass die meldende Person nun insgesamt 3.671,084 Phantom Units besitzt, darunter 10.789 Einheiten aus der automatischen Dividendenwiederanlage. Das Form 4 wurde am 29.08.2025 per Vollmacht unterzeichnet.
FAQ
What did Manish H. Shah report on the Form 4 for NX?
What is a phantom stock unit according to the filing?
How many phantom units does the reporting person own after the transaction?
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