Qnity Electronics (Q) CEO logs 842.9342-share tax-withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qnity Electronics, Inc. Chief Executive Officer Jon D. Kemp reported a tax-related share disposition tied to vesting equity awards. On May 4, 2026, 842.9342 shares of common stock were withheld at $141.7625 per share to satisfy taxes on lapsed RSUs and related dividend equivalent units. After this routine tax-withholding event, Kemp directly held 114,967.0479 shares of Qnity Electronics common stock, and the filing notes that his holdings include shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kemp Jon D.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 842.934 | $141.7625 | $119K |
Holdings After Transaction:
Common Stock — 114,967.048 shares (Direct, null)
Footnotes (1)
- Taxes withheld on lapsed RSUs and associated dividend equivalent units Includes the acquisition of shares pursuant to dividend reinvestment.
Key Figures
Tax-withheld shares: 842.9342 shares
Withholding price: $141.7625 per share
Shares held after transaction: 114,967.0479 shares
+1 more
4 metrics
Tax-withheld shares
842.9342 shares
Shares withheld to cover taxes on lapsed RSUs
Withholding price
$141.7625 per share
Value used for tax-withholding disposition
Shares held after transaction
114,967.0479 shares
CEO direct common stock holdings post-transaction
Tax-withholding transactions
1 transaction; 842.9342 shares
Summary count of tax-withholding dispositions
Key Terms
Restricted Stock Units, dividend equivalent units, dividend reinvestment, tax-withholding disposition
4 terms
Restricted Stock Units financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent units financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
dividend reinvestment financial
"Includes the acquisition of shares pursuant to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition of common stock shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Qnity Electronics (Q) report for its CEO?
Qnity Electronics reported that CEO Jon D. Kemp had 842.9342 common shares withheld to cover taxes. The withholding related to lapsed RSUs and associated dividend equivalent units, and was not an open-market sale, making this a routine compensation-related transaction.