Qnity Electronics (NYSE: Q) exec has shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qnity Electronics, Inc. President, Interconnect, Xu Chuck reported a routine tax-related share disposition tied to restricted stock units. On May 4, 2026, 98.0487 shares of common stock were withheld at $141.7625 per share to cover taxes on lapsed RSUs and related dividend equivalent units. After this withholding, Xu Chuck directly held 21,967.0855 shares, which also reflect additional shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Xu Chuck
Role
President, Interconnect
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 98.049 | $141.7625 | $14K |
Holdings After Transaction:
Common Stock — 21,967.086 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
Shares withheld for taxes: 98.0487 shares
Withholding price: $141.7625 per share
Shares held after transaction: 21,967.0855 shares
+1 more
4 metrics
Shares withheld for taxes
98.0487 shares
Tax-withholding disposition on May 4, 2026
Withholding price
$141.7625 per share
Value used for tax-withholding shares
Shares held after transaction
21,967.0855 shares
Direct common stock holdings after May 4, 2026 event
Tax-withholding share count (summary)
98.0487 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock units, dividend equivalent units, tax-withholding disposition
3 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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 Xu Chuck?
Qnity Electronics reported that executive Xu Chuck had 98.0487 shares withheld to cover taxes on lapsed RSUs. The shares were valued at $141.7625 each and represent a routine tax-withholding disposition rather than an open-market purchase or sale.
Was the Qnity Electronics (Q) Form 4 transaction an open-market sale?
No, the Form 4 for Qnity Electronics shows a tax-withholding disposition coded “F,” not an open-market sale. Shares were delivered to cover tax obligations arising from lapsed restricted stock units and related dividend equivalent units, a common administrative event for equity compensation.
What does transaction code “F” mean in the Qnity Electronics (Q) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability using shares, rather than cash. In this Qnity Electronics filing, 98.0487 shares were withheld to satisfy taxes on lapsed restricted stock units and associated dividend equivalent units, not sold on the open market.
How large is the Qnity Electronics (Q) tax-withholding transaction for Xu Chuck?
The tax-withholding transaction involved 98.0487 Qnity Electronics shares at $141.7625 per share. Compared with his 21,967.0855 post-transaction holdings, this represents a small fraction of his position and reflects a standard equity compensation tax event, not a discretionary portfolio change.