Quanex (NX) Director Mary Lawler Receives Phantom Stock Award

What Happened

• Mary Katherine Lawler, a director of Quanex Building Products Corp. (NX), was granted 1,206.81 phantom stock units on August 27, 2026. The units were valued at $19.68 each, for an aggregate reported value of $23,750. This filing reports an award (derivative units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-27; Filing date: 2026-08-31 (Form 4 accession 0001423221-26-000046).
• Transaction type: Award/Grant of phantom stock units (code A); derivative instrument tied to common stock value.
• Units and value: 1,206.81 units @ $19.68 per unit = $23,750 total.
• Shares owned after transaction: Not specified on this Form 4.
• Footnotes of note:
  • Each Phantom Stock Unit is the economic equivalent of one common share; distributions are made in cash per the Deferred Compensation Plan (F1).
  • Units were credited as a result of deferral of director compensation (F2).
  • The grant includes 15.308 phantom units from automatic dividend reinvestment (F3).

Context

• Phantom stock units are a form of deferred compensation that track the value of company shares but are typically paid in cash on a selected distribution date (or upon death, disability, or termination). They do not represent immediate share ownership or an open-market buy/sell that signals trading intent. This appears to be routine director compensation rather than an indicator of personal buying or selling activity.