Director William E. Waltz Jr. filed a Form 4 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: William E. Waltz Jr., identified in the filing 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, coded as transaction type "A" (acquired).
  • RSU nature: According to the filing, each RSU "represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock."
  • Vesting: The filing states the restricted stock units 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 this transaction, Waltz beneficially owns 35,368 RSUs, held directly.

Waltz RSU Grant Details: November 2026 Director Award at Quanex

According to the Form 4 filed on November 3, 2026, William E. Waltz Jr. acquired 6,000 RSUs in Quanex Building Products Corporation (NYSE:NX) on November 1, 2026. The transaction was recorded at a price of $0, reflecting a director award rather than an open-market purchase. The filing reports Waltz's relationship to the issuer solely as a Director.

The filing explains that each RSU "represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock," meaning the awards are cash-settled rather than settled in actual shares. The RSUs are described as vesting immediately upon grant. However, payment is deferred: the filing states that the units "will become payable upon the grantee's death, disability, cessation of service as a director, or change in control of the Company."

Following the reported transaction, Waltz's total beneficial ownership of RSUs stands at 35,368, all held directly. The form was signed by Paul B. Cornett under a Power of Attorney and filed on November 3, 2026. No non-derivative securities were reported in Table I of the filing.

What Was Disclosed

The filing reports a director award of 6,000 cash-settled RSUs to William E. Waltz Jr. of Quanex Building Products Corporation on November 1, 2026, bringing his total direct RSU holdings to 35,368 following the transaction.