Qnity Electronics (Q) director sells shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qnity Electronics, Inc. director Steven Sterin reported an open-market sale of 400 shares of common stock at $148.35 per share. According to the footnote, the shares were sold to cover income tax obligations related to a vesting event, indicating a tax-driven, routine transaction. After the sale, he directly holds 12,195.0612 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 400 shares ($59,340)
Net Sell
1 txn
Insider
Sterin Steven
Role
null
Sold
400 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400 | $148.35 | $59K |
Holdings After Transaction:
Common Stock — 12,195.061 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 400 shares
Sale price: $148.35 per share
Approximate transaction value: $59,340
+2 more
5 metrics
Shares sold
400 shares
Open-market sale on 2026-06-05
Sale price
$148.35 per share
All shares sold at this price
Approximate transaction value
$59,340
400 shares × $148.35
Shares held after transaction
12,195.0612 shares
Direct ownership following sale
Net buy/sell shares
400 shares net sold
Form 4 transaction summary
Key Terms
open-market sale, vesting event, income tax obligations, non-derivative
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vesting event financial
"associated with a vesting event. All shares sold"
income tax obligations financial
"sold to cover income tax obligations associated"
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Qnity Electronics (Q) director Steven Sterin report?
Steven Sterin reported selling 400 shares of Qnity Electronics common stock. The shares were sold in an open-market transaction at $148.35 per share, with the sale specifically linked to covering income tax obligations arising from a vesting event.