Susan F. Davis - 01 Nov 2024 Form 4 Insider Report for Quanex Building Products CORP (NX)

Role
Director
Signature
/s/ Paul B. Cornett, Power of Attorney
Issuer symbol
NX
Transactions as of
01 Nov 2024
Net transactions value
-$108,680
Form type
4
Filing time
04 Nov 2024, 16:28:44 UTC
Previous filing
28 Dec 2023
Next filing
03 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NX Common Stock Options Exercise $0 +3,745 $0.000000 3,745 01 Nov 2024 Direct
transaction NX Common Stock Disposed to Issuer $108,680 -3,745 -100% $29.02 0 01 Nov 2024 Direct F1

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 Restricted Stock Units Award $0 +3,530 +6.9% $0.000000 54,389 01 Nov 2024 Common Stock 3,530 Direct F2, F3
transaction NX Restricted Stock Units Options Exercise $0 -3,745 -6.9% $0.000000 50,644 01 Nov 2024 Common Stock 3,745 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the total number of restricted stock units that were settled in cash pursuant to their terms.
F2 Each restricted stock unit represents a contingent right to receive cash in an amount equivalent to the value of one share of NX common stock.
F3 The restricted stock units vested immediately. The restricted stock units will become payable upon the first anniversary of the date of grant or the reporting person's death, disability, or cessation of service as a director or a change in control of the Company.
F4 The restricted stock units vested immediately and were settled in cash on the first anniversary of their grant date, pursuant to the payment election made by the reporting person.