Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-12

Quanex Building Products (NX)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,635,424
George Wilson total, FY2025
15th
CEO pay percentile vs peers
74:1
CEO-to-median pay ratio
97.76%
Say-on-pay support, latest vote
Companies that benchmark against NX
9 companies name NX as a compensation peer

Each company listed discloses NX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
George Wilson$950,000$0$1,853,425$0$737,578$0$94,421$3,635,424
President — Chief Executive Officer
Scott Zuehlke525,0000449,2250241,184033,8711,249,280
Senior Vice President — Chief Financial Officer & Treasurer
Paul Cornett485,0000365,9250205,441031,5231,087,889
Senior Vice President — General Counsel & Secretary
Kimberley Garcia425,0000238,0000179,815028,373871,188
Vice President — Chief Human Resource Officer
Jessica Navascues375,0000136,8500125,558017,415654,823
Vice President — Operation Excellence

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
George Wilson$3,635,424$4,753,370$4,840,411−1,117,946
Scott Zuehlke1,249,2801,589,5501,601,324−340,270
Paul Cornett1,087,8891,389,6411,305,698−301,752
Kimberley Garcia871,188949,293702,499−78,105
Jessica Navascues654,823

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kimberley GarciaRSU2024-12-048,000$238,000
George WilsonRSU2024-12-0462,3001,853,425
Paul CornettRSU2024-12-0412,300365,925
Jessica NavascuesRSU2025-01-064,600136,850
Scott ZuehlkeRSU2024-12-0415,100449,225
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kimberley Garcia$238,000$0$00.0%
George Wilson1,853,425000.0%
Paul Cornett365,925000.0%
Jessica Navascues136,850000.0%
Scott Zuehlke449,225000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

05

Incentive-plan design — the Compensation Discussion & Analysis

The Company designs its executive compensation program to further its corporate goal of paying for performance, focusing on influencing profit margins, cash flow generation, returns to stockholders, and efficient management of operations. The program targets the market median for all elements of compensation and aligns executive interests with shareholders by delivering approximately 65% of total compensation in performance-based awards.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-02-2637,367,470831,04023,60097.76%Passed
20252025-02-2737,517,0415,023,867148,37287.88%Passed
20242024-02-2728,799,6941,694,20037,73594.33%Passed
20232023-02-2827,972,1742,428,93519,99491.95%Passed
20222022-02-2229,655,454474,832110,60698.06%Passed
20212021-02-2529,788,249548,525235,93097.43%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-02-2697.76%a
20252025-02-2787.88%b
20242024-02-2794.33%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" the Say-on-Pay proposal.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" the Say-on-Pay proposal.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" the Say-on-Pay proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)74 : 1
CEO total compensation
Median employee compensation$48,837
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Susan F. DavisIndependent · Lead Independent Director · Compensation & Management Development · Nominating & Corporate Governance (Chair) · Not standing for re-election$122,949$102,441$23,975$249,365
Donald R. MaierIndependent · Compensation & Management Development (Chair) · Nominating & Corporate Governance97,949102,4419,086209,476
Bradley E. HughesIndependent · Audit (Chair) · Nominating & Corporate Governance98,830102,4418,156209,427
William E. Waltz JrIndependent · Compensation & Management Development · Nominating & Corporate Governance92,949102,44112,171207,561
Jason D. LippertIndependent · Compensation & Management Development · Nominating & Corporate Governance92,949102,4419,556204,946
Manish H. ShahIndependent · Audit · Nominating & Corporate Governance92,949102,4411,954197,344
Amit SinghiIndependent · Audit · Nominating & Corporate Governance92,949102,4411,364196,754
Curtis M. StevensIndependent · Departed during FY41,193102,4415,106148,740
George L. WilsonEmployee director · Board Chair0
Mary K. LawlerIndependent · Compensation & Management Development · Nominating & Corporate Governance
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$120,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guidelineIf the non-employee director meets the Company’s director stock ownership guidelines (in shares and share equivalents), payment of the award will be deferred automatically to the director’s separation from service
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$732,717
Equity awards (grant-date value)$819,528
All other compensation$71,368
Total cost of the board$1,623,613

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Quanex Building Products names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Quanex Building Products.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Fortune Brands2025Nicholas Fink$1,275,000$6,375,002$2,124,998$249,900$10,476,545
2Armstrong World Industries2025Victor Grizzle1,000,0005,599,53201,584,0008,537,000
3Simpson Manufacturing Inc.2025Michael Olosky950,0005,383,38401,389,7137,768,355
4MasterBrand2025R. David Banyard, Jr.1,048,2695,000,00001,318,7507,428,822
5Mueller Water Products, Inc.2025Marietta Edmunds Zakas931,3272,970,915849,9772,038,6766,855,283
6JELD-WEN Holding2025William Christensen1,100,0002,300,8902,284,066621,4736,283,343
7Apogee Enterprises Inc.2026Ty Silberhorn627,3082,283,41901,208,5006,075,286
8Hillenbrand2022Kimberly Ryan786,3562,999,94601,044,8445,000,837
9American Woodmark Corp.2025M. Scott Culbreth957,5773,208,4460696,3504,886,047
10Gibraltar Industries Inc.2025William Bosway908,2693,202,4400274,5004,731,001
11Kennametal2025Sanjay Chowbey925,0003,052,9410643,0604,694,633
12Quanex Building Products2025George Wilson950,0001,853,4250737,5783,635,424
13Insteel Industries Inc.2025H.o. Woltz III750,000562,506562,4891,500,0003,447,259
14Resideo Technologies2025Jay Geldmacher1,066,000001,622,9852,714,465
AAON Inc.not in coverage universe
Trex Company, Inc.not in coverage universe
L.B. Foster Companynot in coverage universe
CSW Industrials Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Quanex Building Productsnot disclosedPerformance Shares 40 · Restricted Stock 30 · PRSU 30not disclosedFrederic W. Cook & Co., Inc.
AAON Inc.not disclosednot disclosednot disclosednot disclosed
American Woodmark Corp.60.75%RSU 50 · PSU 50NoMeridian Compensation Partners
Apogee Enterprises Inc.not disclosedRSU 50 · PSU 50NoMeridian Compensation Partners, LLC (current); Willis Towers Watson (through September 2025)
Armstrong World Industriesnot disclosedRSU 50 · PRSU 50not disclosedAon
CSW Industrials Inc.not disclosednot disclosednot disclosednot disclosed
Fortune Brands14.0%PSU 50 · RSU 25 · Options 25NoWillis Towers Watson (WTW)
Gibraltar Industries Inc.25%PSU 64 · RSU 36NoWTW
Hillenbrandnot disclosednot disclosednot disclosednot disclosed
Insteel Industries Inc.200%RSU 50 · Options 50not disclosedPearl Meyer & Partners, LLC
JELD-WEN Holding42%PSU 50 · RSU 25 · Options 25NoPay Governance
Kennametal63.2%PSU 60 · RSU 40NoPay Governance
L.B. Foster Companynot disclosednot disclosednot disclosednot disclosed
MasterBrandnot disclosedPSU 50 · RSU 50NoWTW
Mueller Water Products, Inc.199%PSU 50 · RSU 25 · Options 25Yes — relative total shareholder return (rTSR)Farient Advisors, LLC
Resideo Technologies101.5%PSU 50 · RSU 50NoFW Cook
Simpson Manufacturing Inc.not disclosednot disclosednot disclosednot disclosed
Trex Company, Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, George WilsonDEF 14A2026-01-280001104659-26-007408Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 3,635,424. Filing ↗machine: r1 · c48 · span 843908–843917
2Section 01, Scott ZuehlkeDEF 14A2026-01-280001104659-26-007408Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 1,249,280. Filing ↗machine: r4 · c48 · span 859728–859737
3Section 01, Paul CornettDEF 14A2026-01-280001104659-26-007408Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 1,087,889. Filing ↗machine: r7 · c48 · span 874619–874628
4Section 01, Kimberley GarciaDEF 14A2026-01-280001104659-26-007408Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 871,188. Filing ↗machine: r10 · c48 · span 890416–890423
5Section 01, Jessica NavascuesDEF 14A2026-01-280001104659-26-007408Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 654,823. Filing ↗machine: r13 · c48 · span 905250–905257
6Section 03, Kimberley Garcia RSUDEF 14A2026-01-280001104659-26-007408Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1282811–1282818
7Section 03, George Wilson RSUDEF 14A2026-01-280001104659-26-007408Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1248812–1248821
8Section 03, Paul Cornett RSUDEF 14A2026-01-280001104659-26-007408Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1272006–1272013
9Section 03, Jessica Navascues RSUDEF 14A2026-01-280001104659-26-007408Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1295165–1295172
10Section 03, Scott Zuehlke RSUDEF 14A2026-01-280001104659-26-007408Section “Grants of Plan-Based Awards for Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1259622–1259629
11Section 07, pay ratioDEF 14A2026-01-280001104659-26-007408Section “CEO Pay Ratio”. As printed: 74 : 1. Filing ↗machine: span 829007–829009
12Section 08, Susan F. DavisDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 249,365. Filing ↗machine: span 243595–243602
13Section 08, Donald R. MaierDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 209,476. Filing ↗machine: span 255156–255163
14Section 08, Bradley E. HughesDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 209,427. Filing ↗machine: span 247228–247235
15Section 08, William E. Waltz JrDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 207,561. Filing ↗machine: span 271109–271116
16Section 08, Jason D. LippertDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 204,946. Filing ↗machine: span 251525–251532
17Section 08, Manish H. ShahDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 197,344. Filing ↗machine: span 259451–259458
18Section 08, Amit SinghiDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 196,754. Filing ↗machine: span 263078–263085
19Section 08, Curtis M. StevensDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 148,740. Filing ↗machine: span 267472–267479
20Section 08, George L. WilsonDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Mary K. LawlerDEF 14A2026-01-280001104659-26-007408Section “Director Compensation”. As printed: —. Filing ↗
22Section 06, 2026 voteForm 8-K2026-03-030001104659-26-022858Item 5.07 · say-on-pay result. As reported: 97.76% (votes for as printed: 37,367,470). Filing ↗
23Section 06, 2025 voteForm 8-K2025-03-030001104659-25-019806Item 5.07 · say-on-pay result. As reported: 87.88% (votes for as printed: 37,517,041). Filing ↗
24Section 06, 2024 voteForm 8-K2024-03-010001423221-24-000004Item 5.07 · say-on-pay result. As reported: 94.33% (votes for as printed: 28,799,694.277). Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
27Section 09b board cost (computed)ComputedcomputedCash 732,717 + equity 819,528 + all other 71,368 = 1,623,613, summed across the director compensation table rows.machine: formula: Σ = 1,623,613
28Fortune Brands, Section 10b CEO totalDEF 14A2026-03-300001193125-26-132105CEO total compensation as printed in Fortune Brands's own proxy. As printed: 10,476,545. Filing ↗machine: t134 · r4 · c31 · span 1680525–1680535
29Armstrong World Industries, Section 10b CEO totalDEF 14A2026-04-300001193125-26-193741CEO total compensation as printed in Armstrong World Industries's own proxy. As printed: 8,537,000. Filing ↗machine: r2 · c31 · span 849008–849017
30Simpson Manufacturing Inc., Section 10b CEO totalDEF 14A2026-03-240001628280-26-020810CEO total compensation as printed in Simpson Manufacturing Inc.'s own proxy. As printed: 7,768,355. Filing ↗machine: r2 · c21 · span 924542–924551
31MasterBrand, Section 10b CEO totalDEF 14A2026-04-220001193125-26-170568CEO total compensation as printed in MasterBrand's own proxy. As printed: 7,428,822. Filing ↗machine: t227 · r3 · c44 · span 667014–667023
32Mueller Water Products, Inc., Section 10b CEO totalDEF 14A2025-12-190001350593-25-000069CEO total compensation as printed in Mueller Water Products, Inc.'s own proxy. As printed: 6,855,283. Filing ↗machine: t85 · r2 · c8 · span 974013–974022
33JELD-WEN Holding, Section 10b CEO totalDEF 14A2026-03-120001674335-26-000050CEO total compensation as printed in JELD-WEN Holding's own proxy. As printed: 6,283,343. Filing ↗machine: r4 · c10 · span 2108366–2108376
34Apogee Enterprises Inc., Section 10b CEO totalDEF 14A2026-05-120000006845-26-000036CEO total compensation as printed in Apogee Enterprises Inc.'s own proxy. As printed: 6,075,286. Filing ↗machine: r18 · c51 · span 853782–853791
35Hillenbrand, Section 10b CEO totalDEF 14A2023-01-120001140361-23-001483CEO total compensation as printed in Hillenbrand's own proxy. As printed: 5,000,837. Filing ↗machine: span 718223–718232
36American Woodmark Corp., Section 10b CEO totalDEF 14A2025-06-250000794619-25-000063CEO total compensation as printed in American Woodmark Corp.'s own proxy. As printed: 4,886,047. Filing ↗machine: span 397216–397225
37Gibraltar Industries Inc., Section 10b CEO totalDEF 14A2026-04-060000912562-26-000083CEO total compensation as printed in Gibraltar Industries Inc.'s own proxy. As printed: 4,731,001. Filing ↗machine: t256 · r4 · c11 · span 854722–854731
38Kennametal, Section 10b CEO totalDEF 14A2025-09-150001104659-25-089785CEO total compensation as printed in Kennametal's own proxy. As printed: 4,694,633. Filing ↗machine: t281 · r9 · c18 · span 1681584–1681593
39Quanex Building Products (subject), Section 10b CEO totalDEF 14A2026-01-280001104659-26-007408CEO total compensation as printed in Quanex Building Products's own proxy. As printed: 3,635,424. Filing ↗machine: r1 · c48 · span 843908–843917
40Insteel Industries Inc., Section 10b CEO totalDEF 14A2026-01-020001308179-26-000001CEO total compensation as printed in Insteel Industries Inc.'s own proxy. As printed: 3,447,259. Filing ↗machine: t164 · r1 · c8 · span 469403–469412
41Resideo Technologies, Section 10b CEO totalDEF 14A2026-04-220001140361-26-016160CEO total compensation as printed in Resideo Technologies's own proxy. As printed: 2,714,465. Filing ↗machine: t196 · r2 · c28 · span 1411904–1411913
42Section 10a, Insteel Industries Inc. reciprocityDEF 14A0001308179-26-000001Insteel Industries Inc. names Quanex Building Products in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, Apogee Enterprises Inc. reciprocityDEF 14A0000006845-26-000036Apogee Enterprises Inc. names Quanex Building Products in its own disclosed peer group (read from its most recent proxy). Filing ↗
44Section 10a, American Woodmark Corp. reciprocityDEF 14A0000794619-25-000063American Woodmark Corp. names Quanex Building Products in its own disclosed peer group (read from its most recent proxy). Filing ↗
45Section 10a, Mueller Water Products, Inc. reciprocityDEF 14A0001350593-25-000069Mueller Water Products, Inc.'s most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
46Section 10a, Kennametal reciprocityDEF 14A0001104659-25-089785Kennametal's most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
47Section 10a, Resideo Technologies reciprocityDEF 14A0001140361-26-016160Resideo Technologies's most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
48Section 10a, Simpson Manufacturing Inc. reciprocityDEF 14A0001628280-26-020810Simpson Manufacturing Inc.'s most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
49Section 10a, Gibraltar Industries Inc. reciprocityDEF 14A0000912562-26-000083Gibraltar Industries Inc. names Quanex Building Products in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, JELD-WEN Holding reciprocityDEF 14A0001674335-26-000050JELD-WEN Holding's most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
51Section 10a, Hillenbrand reciprocityDEF 14A0001140361-23-001483Hillenbrand's most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗
52Section 10a, Armstrong World Industries reciprocityDEF 14A0001193125-26-193741Armstrong World Industries's most recent proxy was read; its disclosed peer group does not include Quanex Building Products. Filing ↗