Quanex Building Products Corporation's Sr. VP-Finance & CFO just cashed-in 100,000 options

Brent L Korb, Quanex Building Products Corporation's Sr. VP-Finance & CFO, recently cashed-in 100,000 options. The options were exercised at $15.32, while the disposals took place between $16.97 and $17.52 per share, on dates ranging from July 30 to August 01, 2018. Korb continues to hold 102,805 shares of the company. Korb operates out of Houston, TX. Some additional info was provided as follows:

The stock option exercises and related sales of stock reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 9, 2018. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.35, inclusive. The reporting person undertakes to provid e to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $17.05 to $17.75, inclusive. The reporting person undertakes to provide to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $16.50 to $17.50, inclusive. The reporting person undertakes to provide to Quanex Building Products Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The option becomes exercisable in one third increments annually beginning one year from date of grant.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Chairman of Quanex Building Products Corporation just picked up 10,489 shares - July 2, 2019

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