Fortebuono Kathleen M. 4
Research Summary
AI-generated summary
Qnity (Q) CPO Kathleen Fortebuono Withholds 418 Shares for Taxes
What Happened
- Kathleen M. Fortebuono, Chief People Officer of Qnity Electronics (ticker: Q), had 418.02 shares disposed/withheld to cover tax liabilities related to equity vesting. The reported withholding was at $149.75 per share for a total value of $62,601. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-12; Filing date (Form 4): 2026-06-15 (timely).
- Shares withheld/disposed: 418.02 shares at $149.75/share; total reported value $62,601.
- Transaction code: F — taxes withheld on lapsed RSUs and associated dividend equivalent units (footnote F1).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: Filed within the required window (not late).
Context
- This action is a routine tax withholding on vested restricted stock units (RSUs). Withholding to cover taxes is common and does not necessarily signal insider buying or selling intent in the market.