[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 societ脿. Ciascuna phantom unit corrisponde economicamente a un'azione ordinaria e verr脿 corrisposta in contanti secondo il piano di pagamento scelto dal partecipante o in caso di decesso, invalidit脿 o cessazione del rapporto. La segnalazione indica un prezzo per unit脿 di $21.37 e mostra che la persona segnalante detiene ora complessivamente 3.671,084 phantom unit, incluse 10,789 unit脿 derivate dal reinvestimento automatico dei dividendi. Il Form 4 猫 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 Compensaci贸n Diferida de la empresa. Cada phantom unit equivale econ贸micamente a una acci贸n ordinaria y se pagar谩 en efectivo seg煤n el calendario de pagos seleccionado por el participante o en caso de fallecimiento, discapacidad o terminaci贸n del servicio. La presentaci贸n 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 reinversi贸n autom谩tica de dividendos. El Form 4 fue firmado por poder el 29/08/2025.
Quanex Building Products Corp. (NX) 鞚挫偓鞚� Manish H. Shah電� 2025雲� 8鞗� 28鞚� 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟(Deferred Compensation Plan)鞐� 霐半澕 1,111.37 Phantom Stock Units毳� 攵�鞐皼鞎橃姷雼堧嫟. 臧� 韺厐 鞙犽嫑鞚� 氤错喌欤� 1欤检檧 霃欖澕頃� 瓴届牅鞝� 臧�旃橂ゼ 臧�歆�氅�, 彀戈皜鞛愱皜 靹犿儩頃� 歆�旮� 鞚检爼鞐� 霐半澕 霕愲姅 靷, 鞛レ暊 霕愲姅 攴茧 膦呺 鞁� 順勱笀鞙茧 歆�旮夒惄雼堧嫟. 鞝滌稖靹滌棎電� 雼渼雼� 臧�瓴╈澊 $21.37搿� 氤搓碃霅橃柎 鞛堨溂氅�, 氤搓碃鞚胳潃 鞛愲彊 氚半嫻 鞛埇鞛愲秳 10.789 鞙犽嫑鞚� 韽暔頃� 齑� 3,671.084 韺厐 鞙犽嫑鞚� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 雮橅儉雮姷雼堧嫟. 頃措嫻 Form 4電� 2025雲� 8鞗� 29鞚� 雽�毽秾鞙茧 靹滊獏霅橃棃鞀惦媹雼�.
Quanex Building Products Corp. (NX), le directeur Manish H. Shah, s'est vu attribuer 1鈥�111,37 Phantom Stock Units le 28/08/2025 dans le cadre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅. Chaque phantom unit 茅quivaut 茅conomiquement 脿 une action ordinaire et sera vers茅e en esp猫ces selon le calendrier de paiement choisi par le participant ou en cas de d茅c猫s, d'invalidit茅 ou de cessation de service. le d茅p么t indique un prix par unit茅 de $21.37 et pr茅cise que la personne d茅clar茅e poss猫de d茅sormais 3鈥�671,084 phantom units au total, dont 10,789 unit茅s issues du r茅investissement automatique des dividendes. Le Form 4 a 茅t茅 sign茅 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 gem盲脽 dem vom Teilnehmer gew盲hlten Zahlungsplan oder im Todesfall, bei Invalidit盲t oder Beendigung des Dienstverh盲ltnisses ausgezahlt. Die Meldung weist einen gemeldeten St眉ckpreis 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 societ脿. Ciascuna phantom unit corrisponde economicamente a un'azione ordinaria e verr脿 corrisposta in contanti secondo il piano di pagamento scelto dal partecipante o in caso di decesso, invalidit脿 o cessazione del rapporto. La segnalazione indica un prezzo per unit脿 di $21.37 e mostra che la persona segnalante detiene ora complessivamente 3.671,084 phantom unit, incluse 10,789 unit脿 derivate dal reinvestimento automatico dei dividendi. Il Form 4 猫 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 Compensaci贸n Diferida de la empresa. Cada phantom unit equivale econ贸micamente a una acci贸n ordinaria y se pagar谩 en efectivo seg煤n el calendario de pagos seleccionado por el participante o en caso de fallecimiento, discapacidad o terminaci贸n del servicio. La presentaci贸n 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 reinversi贸n autom谩tica de dividendos. El Form 4 fue firmado por poder el 29/08/2025.
Quanex Building Products Corp. (NX) 鞚挫偓鞚� Manish H. Shah電� 2025雲� 8鞗� 28鞚� 須岇偓鞚� 鞚挫棸 氤挫儊 瓿勴殟(Deferred Compensation Plan)鞐� 霐半澕 1,111.37 Phantom Stock Units毳� 攵�鞐皼鞎橃姷雼堧嫟. 臧� 韺厐 鞙犽嫑鞚� 氤错喌欤� 1欤检檧 霃欖澕頃� 瓴届牅鞝� 臧�旃橂ゼ 臧�歆�氅�, 彀戈皜鞛愱皜 靹犿儩頃� 歆�旮� 鞚检爼鞐� 霐半澕 霕愲姅 靷, 鞛レ暊 霕愲姅 攴茧 膦呺 鞁� 順勱笀鞙茧 歆�旮夒惄雼堧嫟. 鞝滌稖靹滌棎電� 雼渼雼� 臧�瓴╈澊 $21.37搿� 氤搓碃霅橃柎 鞛堨溂氅�, 氤搓碃鞚胳潃 鞛愲彊 氚半嫻 鞛埇鞛愲秳 10.789 鞙犽嫑鞚� 韽暔頃� 齑� 3,671.084 韺厐 鞙犽嫑鞚� 氤挫湢頃橁碃 鞛堧姅 瓴冹溂搿� 雮橅儉雮姷雼堧嫟. 頃措嫻 Form 4電� 2025雲� 8鞗� 29鞚� 雽�毽秾鞙茧 靹滊獏霅橃棃鞀惦媹雼�.
Quanex Building Products Corp. (NX), le directeur Manish H. Shah, s'est vu attribuer 1鈥�111,37 Phantom Stock Units le 28/08/2025 dans le cadre du plan de r茅mun茅ration diff茅r茅e de la soci茅t茅. Chaque phantom unit 茅quivaut 茅conomiquement 脿 une action ordinaire et sera vers茅e en esp猫ces selon le calendrier de paiement choisi par le participant ou en cas de d茅c猫s, d'invalidit茅 ou de cessation de service. le d茅p么t indique un prix par unit茅 de $21.37 et pr茅cise que la personne d茅clar茅e poss猫de d茅sormais 3鈥�671,084 phantom units au total, dont 10,789 unit茅s issues du r茅investissement automatique des dividendes. Le Form 4 a 茅t茅 sign茅 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 gem盲脽 dem vom Teilnehmer gew盲hlten Zahlungsplan oder im Todesfall, bei Invalidit盲t oder Beendigung des Dienstverh盲ltnisses ausgezahlt. Die Meldung weist einen gemeldeten St眉ckpreis 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?
What price or valuation is shown for the phantom units?
When was the Form 4 signed and filed?
