Qnity Electronics (Q) VP has 146 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qnity Electronics, Inc. vice president and interim CFO Michael G. Goss had 146.5902 shares of Common Stock withheld on lapsed RSUs and related dividend equivalent units to cover tax obligations at $141.7625 per share. Following this tax-withholding disposition, he directly holds 19,744.0788 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goss Michael G.
Role
VP & Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 146.59 | $141.7625 | $21K |
Holdings After Transaction:
Common Stock — 19,744.079 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: 146.5902 shares
Withholding price per share: $141.7625 per share
Shares held after transaction: 19,744.0788 shares
3 metrics
Shares withheld for taxes
146.5902 shares
Tax-withholding disposition on lapsed RSUs and dividend equivalent units
Withholding price per share
$141.7625 per share
Value used for tax-withholding disposition
Shares held after transaction
19,744.0788 shares
Direct Common Stock holdings following tax withholding
Key Terms
RSUs, dividend equivalent units, dividend reinvestment, tax-withholding disposition, +1 more
5 terms
RSUs financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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""
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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Qnity Electronics (Q) report for Michael G. Goss?
Qnity Electronics reported that VP and interim CFO Michael G. Goss had 146.5902 shares of Common Stock withheld. The withholding covered taxes on lapsed RSUs and associated dividend equivalent units, rather than representing an open-market purchase or sale.
Was the Qnity Electronics (Q) Form 4 transaction an open-market sale?
No, the Form 4 transaction was a tax-withholding disposition, not an open-market sale. 146.5902 shares of Common Stock were withheld to satisfy tax liabilities related to lapsed RSUs and corresponding dividend equivalent units reported for Michael G. Goss.