Paul Cornett - Dec 18, 2023 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role: SVP General Counsel, Secretary
Signature: /s/ Paul B. Cornett
Stock symbol: NX
Transactions as of: Dec 18, 2023
Transactions value $: -$68,179
Form type: 4
Date filed: 12/19/2023, 04:31 PM
Previous filing: Dec 8, 2023
Next filing: Mar 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NX	Common Stock	Award	$0	+6.52K	+15.28%	$0.00	49.2K	Dec 18, 2023	Direct	F1
transaction	NX	Common Stock	Tax liability	-$68.2K	-2.21K	-4.5%	$30.85	47K	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.

Content

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.

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.