Director Donald R. Maier filed a statement of changes in beneficial ownership with the SEC on November 3, 2026, disclosing the acquisition of 6,000 restricted stock units in Quanex Building Products Corporation on November 1, 2026.

Key Highlights

  • Reporting person: Donald R. Maier, identified as a Director of Quanex Building Products Corporation (NYSE:NX).
  • Transaction: Acquisition of 6,000 restricted stock units (RSUs) on November 1, 2026, at a price of $0.
  • RSU structure: Each unit represents a contingent right to receive cash equal to the value of one share of Quanex common stock, according to the filing.
  • Vesting: The RSUs vest immediately but become payable only upon the grantee's death, disability, cessation of service as a director, or a change in control of the company.
  • Post-transaction holdings: Following the award, Maier beneficially owns 42,509 derivative securities, held directly.
  • Signing authority: The filing was signed by Paul B. Cornett under a power of attorney on November 3, 2026.

Maier's RSU Award and His Standing Ownership in Quanex

According to the filing, Donald R. Maier received 6,000 RSUs in Quanex Building Products Corporation, a building products manufacturer whose common stock trades on the New York Stock Exchange under the ticker NX. The transaction code recorded is "A" (acquired), and the price of the derivative security is listed as $0, indicating no direct cash outlay by the director for this grant.

The filing notes that each RSU represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock rather than an entitlement to shares themselves. The units vest immediately upon grant, but payment is deferred: the filing states the RSUs "will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company." This deferred-payment structure is specific to the director compensation arrangement described in this filing.

After recording this transaction, Maier's total beneficial ownership of derivative securities stands at 42,509 units, all held directly, as reported in Table II of the filing. The filing was submitted by Paul B. Cornett acting under a power of attorney and bears a signature date of November 3, 2026.

What Was Disclosed

The filing disclosed that Director Donald R. Maier acquired 6,000 immediately vesting RSUs in Quanex Building Products Corporation on November 1, 2026, at no cost, bringing his total directly held derivative securities to 42,509 units. Payment of the units is contingent on specified future events.