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

Role: SVP General Counsel, Secretary
Signature: /s/ Paul B. Cornett
Issuer symbol: NX
Transactions as of: 18 Dec 2023
Net transactions value: -$68,178
Form type: 4
Filing time: 19 Dec 2023, 16:31:20 UTC
Previous filing: 08 Dec 2023
Next filing: 22 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NX	Common Stock	Award	$0	+6,517	+15%	$0.000000	49,166	18 Dec 2023	Direct	F1
transaction	NX	Common Stock	Tax liability	$68,178	-2,210	-4.5%	$30.85	46,956	18 Dec 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.