Scott M. Zuehlke - Dec 18, 2023 Form 4 Insider Report for Quanex Building Products CORP (NX)

Signature
/s/ Paul B. Cornett, Power of Attorney
Stock symbol
NX
Transactions as of
Dec 18, 2023
Transactions value $
-$110,998
Form type
4
Date filed
12/19/2023, 04:29 PM
Previous filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NX Common Stock Award $0 +9.43K +17.34% $0.00 63.8K Dec 18, 2023 Direct F1
transaction NX Common Stock Tax liability -$111K -3.6K -5.64% $30.85 60.2K Dec 18, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 2, 2020, the reporting person was granted a target number of performance restricted stock units, with a potential payout from 0% to 150% of target based on the Company's absolute total shareholder return over the three year period from November 1, 2020 through October 31, 2023. The payout amount was finalized on December 18, 2023, resulting in the issuance of common stock on December 18, 2023.
F2 Shares were withheld to cover taxes due in connection with the grant of common stock relating to the vesting of Performance Restricted Stock Units originally granted on December 2, 2020.