Paul B. Cornett - 17 Jan 2023 Form 4 Insider Report for Quanex Building Products CORP (NX)

Signature
/s/ Paul B. Cornett
Issuer symbol
NX
Transactions as of
17 Jan 2023
Net transactions value
-$14,740
Form type
4
Filing time
18 Jan 2023, 16:16:21 UTC
Previous filing
04 Jan 2023
Next filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NX Common Stock Options Exercise $35,260 +2,000 +5.3% $17.63 39,627 17 Jan 2023 Direct F1
transaction NX Common Stock Sale $50,000 -2,000 -5% $25.00 37,627 17 Jan 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NX Stock Options (Right to Buy) Options Exercise $0 -2,000 -100% $0.000000* 0 17 Jan 2023 Common Stock 2,000 $17.63 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 13.684 shares credited to the reporting person's account as the result of prior dividend reinvestments under the Company's Employee Stock Purchase Plan.
F2 The stock options were exercised pursuant to a Rule 10b5-1 preset diversification program previously adopted by the reporting person in July 2021.