William C. Griffiths - Sep 1, 2023 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role: Director
Signature: /s/ Paul B. Cornett, Power of Attorney
Stock symbol: NX
Transactions as of: Sep 1, 2023
Transactions value $: -$727,208
Form type: 4
Date filed: 9/6/2023, 04:46 PM
Previous filing: Aug 2, 2023
Next filing: Nov 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NX	Common Stock	Sale	-$727K	-25K	-15.54%	$29.09	136K	Sep 1, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This sale was effected pursuant to a Rule 10b5-1 preset diversification program previously adopted by the reporting person on March 15, 2023.
F2	The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.35, inclusive. The reporting person undertakes to provide to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Content

This sale was effected pursuant to a Rule 10b5-1 preset diversification program previously adopted by the reporting person on March 15, 2023.

The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $29.00 to $29.35, inclusive. The reporting person undertakes to provide to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.