NXQuanex Building Products CORP

Pay and votes (proxy statement)

Before its yearly shareholder meeting, a company sends out a proxy statement, filed with the SEC as a DEF 14A. It says what shareholders will vote on, who sits on the board, and how the top managers are paid, set against how the shares did. Here are the key parts of Quanex Building Products's latest one. Open the full statement.

The yearly meeting

Feb262026

Shareholders meet on Feb 26, 2026 to vote. Anyone who owns shares on the record date can vote, usually online, even without attending.

Audit firm put forward for approval: Grant Thornton LLP

Proxy statement filed Jan 28, 2026.

The boss's pay next to a typical employee's

The chief executive was paid about 74× what the employee in the exact middle of the company's pay scale earned (the CEO pay ratio).

Each square is one typical employee's yearly pay; together they add up to the chief executive's. The red square is one employee for scale. Ratios vary a lot between industries: a company with many part-time or overseas workers has a lower middle wage.

“Based on that calculation, our median employee’s 2025 total compensation was $48,837 and our CEO’s 2025 total compensation was $3,635,424, which resulted in a pay ratio of approximately 74 to 1.”

What shareholders vote on

1Election of DirectorsShareholders vote on who sits on the board, the people who oversee the managers on their behalf.
2Advisory Vote Approving Named Executive Officer Compensation"Say on pay": shareholders give their view on how the top managers are paid. The vote is advisory, so the board doesn't have to follow it.
3Ratification of Appointment of Independent Registered Public Accounting FirmShareholders confirm the outside firm that checks the accounts.

Titles as written in the statement. The board's recommendation is shown only where candor found it clearly stated.

Pay next to how the shares did

Since 2022, companies must show their bosses' pay next to how shareholders did. Two pay figures are given: the pay the board set for the year (from the summary pay table), and “compensation actually paid”, which re-values share awards at today's share price, so it rises and falls with the stock and can even be negative. Tap a year.

Chief executive's pay

20212022202320242025

Pay set for the year Actually paid (re-valued) Negative: share awards lost value

What $100 put into the shares became

20212022202320242025

Quanex Building Products A group of similar companies it picked

Year to Oct 31, 2025 · chief executive: George L. Wilson

Pay set for the chief executive: $3.6M

Actually paid, re-valued: −$1.6M

Other top managers, on average: $965.8K

$100 in its shares became: $84 (similar companies: $249)

Profit (net income): −$250.8K

The measure it ties pay to (Return on Net Assets): $8.8

Read straight from the tagged “pay versus performance” table in the proxy statement. The $100 figures assume $100 was invested at the start of the first year shown, with dividends reinvested.

Opening its proxy statement…Reading the pay tables…Finding what shareholders vote on…

The boss's pay next to a typical employee's

The chief executive was paid about 74× what the employee in the exact middle of the company's pay scale earned (the CEO pay ratio).

What shareholders vote on

1Election of DirectorsShareholders vote on who sits on the board, the people who oversee the managers on their behalf.

2Advisory Vote Approving Named Executive Officer Compensation"Say on pay": shareholders give their view on how the top managers are paid. The vote is advisory, so the board doesn't have to follow it.

3Ratification of Appointment of Independent Registered Public Accounting FirmShareholders confirm the outside firm that checks the accounts.

Titles as written in the statement. The board's recommendation is shown only where candor found it clearly stated.

Pay next to how the shares did