Robert R Buck, a director of Quanex Building Products Corporation, just received 874 restricted shares from the company. The restricted shares don't become available to Buck until such time as they become vested. Buck now owns at least 18,047 restricted shares of the company.
Some additional info was provided as follows:
Units credited to the participant's account under the Deferred Compensation Plan as a result of deferral of Director Compensation.
Each Phantom Stock Unit is the economic equivalent of one share of common stock. Distributions under the Deferred Compensation Plan are made in cash beginning on a specified date selected by the participant or upon the participant's death, disability, or termination of service as a director.
Includes 33.766 phanto
m stock units credited to the participant's account as the result of prior dividend reinvestments.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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