Qnity Electronics (Q) director sells shares to cover tax obligations
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
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Negative
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Insider Trade Summary
Net Seller: 400 shares
Net Sell
1 txn
Insider
Sterin Steven
Role
Director
Sold
400 shs ($59K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400 | $148.35 | $59K |
Holdings After Transaction:
Common Stock — 12,195.0612 shares (Direct)
Footnotes (1)
- F1. Shares sold to cover income tax obligations associated with a vesting event. All shares sold at the single price point shown.
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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.