01—Abstract
Summary
Summary of the 8-K filed September 10, 2026. Cited figures are marked; the original filing is the authoritative source.
Qnity Electronics, Inc. (Q) filed this Form 8-K on September 10, 2026 under Item 8.01 (Other Events) to disclose a settlement involving its former parent-related entities.
DuPont de Nemours, Inc., The Chemours Company, and Corteva Inc. with its subsidiary EIDP, Inc. announced that they entered into a Settlement Agreement with the State of North Carolina and certain municipalities. The settlement resolves claims relating to PFAS and other emissions from the Fayetteville Works facility, as well as State of North Carolina claims tied to PFAS contamination unrelated to that facility. The filing states that in the second quarter of 2026, the Company established an indemnification liability of $43 milliona, which remains unchanged.
This amount 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%b of DuPont's after-tax liability for the Settlement. The filing also describes an agreement among Chemours, Corteva and DuPont regarding the 2021 Memorandum of Understanding (MOU) limit.
The Settlement and future litigation settlements will be counted against that limit at net present value, treated as payable in equal annual installments over 25 years and discounted at an 8%c rate. In addition, all future contributions to the MOU escrow account will be considered satisfied by payments under the New Jersey and North Carolina settlements, including the escrow contribution that would have been due in September 2026.
02—Key points
Key Highlights
- Qnity Electronics established an indemnification liability of $43 million in the second quarter of 2026, which remains unchanged.
- The liability represents the Applicable Qnity Percentage of 44% of DuPont's after-tax liability for the Settlement.
- The Settlement resolves claims with the State of North Carolina and certain municipalities related to PFAS and other emissions from the Fayetteville Works facility.
- The Settlement also resolves State of North Carolina claims related to PFAS contamination unrelated to the Fayetteville Works facility.
- The Settlement and future litigation settlements will count against the 2021 MOU limit at net present value, assuming equal annual installments over 25 years and an 8% discount rate.
- Future MOU escrow contributions will be considered satisfied by New Jersey and North Carolina settlement payments, including the escrow contribution due in September 2026.
- The filing is disclosed under Item 8.01 (Other Events) and was filed by the Company on September 10, 2026.
03—Questions
Frequently Asked Questions
What is the Settlement and who are the parties?
On September 10, 2026, DuPont de Nemours, Inc., The Chemours Company, and Corteva Inc. and its subsidiary EIDP, Inc. announced a Settlement Agreement with the State of North Carolina and certain municipalities. It resolves claims related to PFAS and other emissions from the Fayetteville Works facility and State claims tied to PFAS contamination unrelated to that facility.
How much has Qnity Electronics recorded for its share of the Settlement?
In the second quarter of 2026, the Company established an indemnification liability of $43 million, which remains unchanged. It represents the Applicable Qnity Percentage of 44% of DuPont's after-tax liability for the Settlement.
What does the Applicable Qnity Percentage represent?
The Applicable Qnity Percentage is the portion of the liability for which the Company has been contractually allocated and is required to directly pay or indemnify DuPont. The filing states this share is 44% of DuPont's after-tax liability for the Settlement.
How does the Settlement affect the 2021 MOU limit and escrow obligations?
Chemours, Corteva and DuPont agreed to count the Settlement and future settlements against the 2021 MOU limit at net present value, as if payable in equal annual installments over 25 years and discounted at 8%. They also agreed that future MOU escrow contributions will be satisfied by New Jersey and North Carolina settlement payments, including the escrow contribution due in September 2026.
Why did the Company file this 8-K?
The Company filed the report under Item 8.01 (Other Events) to disclose the Settlement announced on September 10, 2026, and the related indemnification liability and MOU terms.
04—Continue