Quanex Building Products Files 8-K for Governance Updates
Ticker: NX · Form: 8-K · Filed: Aug 12, 2024 · CIK: 1423221
| Field | Detail |
|---|---|
| Company | Quanex Building Products CORP (NX) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
TL;DR
Quanex 8-K: Board changes and exec comp updates filed 8/12.
AI Summary
Quanex Building Products Corporation filed an 8-K on August 12, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing also includes financial statements and exhibits, indicating ongoing corporate governance and financial reporting activities.
Why It Matters
This filing signals potential shifts in leadership or compensation structures, which could impact the company's strategic direction and investor relations.
Risk Assessment
Risk Level: low — The filing is routine corporate disclosure and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 1-33913 — Commission File Number (Identifies the company's SEC filing history.)
- 26-1561397 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Quanex Building Products Corporation (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 945 Bunker Hill Road, Suite 900, Houston, Texas 77024 (address) — Principal executive offices
FAQ
What specific changes were made to the board of directors?
The filing indicates 'Departure of Directors or Certain Officers; Election of Directors' as an item of information, but the specific names and details of departures or elections are not provided in this excerpt.
What are the key details regarding compensatory arrangements?
The filing lists 'Compensatory Arrangements of Certain Officers' as an item, but the specific details of these arrangements are not included in the provided text.
When was the earliest event reported in this 8-K?
The earliest event reported is August 12, 2024, as indicated by 'Date of earliest event reported'.
What is Quanex Building Products Corporation's fiscal year end?
Quanex Building Products Corporation's fiscal year ends on October 31 (1031).
What is the SIC code for Quanex Building Products Corporation?
The Standard Industrial Classification (SIC) code for Quanex Building Products Corporation is 3350, which corresponds to 'Rolling Drawing & Extruding of Nonferrous Metals'.
Filing Stats: 985 words · 4 min read · ~3 pages · Grade level 10.1 · Accepted 2024-08-12 16:30:12
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share NX New York Stock Exchange
Filing Documents
- tm2421419d1_8k.htm (8-K) — 32KB
- tm2421419d1_ex99-1.htm (EX-99.1) — 7KB
- tm2421419d1_ex99-1img001.jpg (GRAPHIC) — 23KB
- tm2421419d1_ex99-1img002.jpg (GRAPHIC) — 5KB
- 0001104659-24-088375.txt ( ) — 250KB
- gnw-20240812.xsd (EX-101.SCH) — 3KB
- gnw-20240812_lab.xml (EX-101.LAB) — 33KB
- gnw-20240812_pre.xml (EX-101.PRE) — 22KB
- tm2421419d1_8k_htm.xml (XML) — 3KB
02. Departure of Directors or Certain
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 12, 2024, the Board of Directors (the "Board") of Quanex Building Products Corporation (the "Company"), acting upon the recommendation of its Nominating and Corporate Governance Committee, appointed Manish H. Shah, age 60, and Amit Singhi, age 59, to the Board, effective August 12, 2024. Messrs. Shah and Singhi were each appointed to a term ending at the Company's next annual meeting of shareholders to be held in 2024. Mr. Shah is the Chief Digital Transformation Officer at ServiceNow (NYSE: NOW), an IT service management and workflow automation company. He is also the founder and principal member of Gnosis Advisory Group, a business leadership advisory firm. Prior to these roles, Mr. Shah was Senior Vice President and Chief Information Officer of Community Health Systems (NYSE: CYH), responsible for patient digital experience across 85 hospitals operating in 16 states from 2013 to 2020, as well as Senior Vice President of IT Infrastructure for Aurora Health Care. He has also served as a Director of Gibraltar Industries (NASDAQ: ROCK) since February 2021. Mr. Shah earned a Master of Science in Management Information Systems from Roosevelt University and an MBA from the Illinois Institute of Technology. Mr. Singhi is the Chief Financial Officer of Humanetics, a high-tech global industrial technology group focusing on safety, digital and sensor solutions for critical environments. From 2017 to 2020, Mr. Singhi was the Chief Operating and Financial Officer of Piston Group, with responsibility for all operating and financial matters. Before that, from 2015 to 2017, he served as Chief Financial Officer at FLIR Systems (NASDAQ: FLIR), leading all finance and IT functions. Mr. Singhi began his career in 1994 at Ford Motor Company (NYSE: F). Mr. Singhi earned a Master of Science in Engineering and an MBA
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Financial Statements of businesses acquired. Not applicable (b) Pro forma financial information. Not applicable. (c) Exhibits. Exhibit 99.1. Press release dated August 12, 2024. 104 The cover page of this Current Report on Form 8-K (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. QUANEX BUILDING PRODUCTS CORPORATION (Registrant) August 12, 2024 /s/ Paul B. Cornett (Date) Paul B. Cornett Senior Vice President – General Counsel and Secretary Exhibit Index 99.1 Press Release dated August 12, 2024. 104 The cover page of this Current Report on Form 8-K (embedded within the Inline XBRL document).