Qnity Electronics, Inc 8-K, filed Sep 10, 2026
Qnity Electronics, Inc. (Q)
8-K
2026-09-10
For: 2026-09-10
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Added on
September 10, 2026
About this 8-K
Qnity Electronics, Inc filed this 8-K on September 10, 2026.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 10, 2026
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Item 8.01 Other Events.
On September 10, 2026, DuPont de Nemours, Inc. (“DuPont”), The Chemours Company (“Chemours”), and Corteva Inc. and its wholly owned subsidiary EIDP, Inc. (together, “Corteva”) announced that they entered into a Settlement Agreement (the “Settlement”) with the State of North Carolina and certain municipalities, to resolve all claims asserted by certain plaintiffs relating to PFAS and other emissions from the Fayetteville Works facility, as well as claims asserted by the State of North Carolina related to PFAS contamination unrelated to such facility.
In the second quarter of 2026, Qnity Electronics, Inc. (the “Company”) established an indemnification liability of $43 million, which remains unchanged, and represents the Applicable Qnity Percentage (the portion for which the Company has been contractually allocated, and is required to directly pay or indemnify DuPont) of 44% of DuPont's after-tax liability for this Settlement.
Chemours, Corteva and DuPont have agreed to count the Settlement and potential future litigation settlements against the 2021 Memorandum of Understanding (“MOU”) limit at net present value as of the date of the applicable settlement as if payable in equal annual installments over 25 years and discounted using an 8% discount rate. In addition, Chemours, Corteva and DuPont have agreed that all future contributions to the MOU escrow account will be considered satisfied by payments in connection with settlements with New Jersey and North Carolina, including the escrow contribution that would have been due in September 2026.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
QNITY ELECTRONICS, INC.
| By: | /s/ Peter W. Hennessey | |||||||
| Name: | Peter W. Hennessey | |||||||
| Title: | Senior Vice President and General Counsel | |||||||
Date: September 10, 2026
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