Qnity Electronics (NYSE: Q) grants 7,324 common shares to president
Rhea-AI Filing Summary
Xu Chuck reported acquisition or exercise transactions in this Form 4 filing.
Qnity Electronics, Inc. reported that Xu Chuck, its President, Interconnect, received a grant or award of 7,324 shares of common stock on February 27, 2026 at no cost per share. Following this equity award, his directly held common stock increased to 22,056.7185 shares.
Positive
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Negative
- None.
FAQ
What insider transaction did Qnity Electronics (Q) report for Xu Chuck?
The company reported that President, Interconnect, Xu Chuck received a grant or award of 7,324 shares of common stock. The shares were issued at a price of $0.0000 per share, indicating a compensation-related equity award rather than an open-market purchase.
How many Qnity Electronics (Q) shares does Xu Chuck own after this grant?
After the grant, Xu Chuck directly holds 22,056.7185 shares of Qnity Electronics common stock. This figure reflects his ownership following the 7,324-share equity award reported in the Form 4 and represents his updated direct beneficial stake.
Was the Qnity Electronics (Q) insider transaction a grant or a market trade?
The transaction was reported as a grant, award, or other acquisition under code “A,” not a market trade. The 7,324 shares of common stock were acquired at $0.0000 per share, consistent with stock-based compensation rather than an open-market buy or sell.
Did Xu Chuck buy or sell Qnity Electronics (Q) shares for cash in this filing?
No cash-based buying or selling occurred in this filing. The Form 4 shows a grant or award of 7,324 common shares at $0.0000 per share, meaning the shares were issued as compensation, not purchased or sold in the open market.
Is Xu Chuck’s ownership in Qnity Electronics (Q) direct or indirect after the grant?
The Form 4 states that Xu Chuck’s 22,056.7185 common shares are held with direct ownership. The ownership code is “D,” indicating the shares are directly owned rather than through an intermediary entity, trust, or family-related investment vehicle.
What does transaction code “A” mean in the Qnity Electronics (Q) Form 4?
Transaction code “A” signifies a grant, award, or other acquisition of securities. In this case, it reflects the issuance of 7,324 Qnity Electronics common shares to Xu Chuck as an equity award rather than a typical market purchase or sale transaction.