Qnity Electronics management check
Q · Information Technology · Semiconductor Materials & Equipment · CEO Jon Kemp
Filings as of
2 good · 3 to watch · 1 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2025 grew to $84, against $94 for the peer group the company picked itself.
- n/a
Does pay follow performance?
Not enough dataToo few years of pay and return figures to compare.
- Watch
What does the CEO cost owners?
2.8% of net income$20.6m of reported pay in fiscal 2025, against $729.0m of net income.
- Good
Do they own the stock?
Insiders are buyingThe CEO holds 114,967.048 shares, directly or through trusts (unvested awards not counted): about 0.8 years of pay. 1 insider bought $138k on the open market in the last six months, with their own money, near the lows. Sales: $142k.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.1% a year over the last three fiscal years. Stock-based pay was 0.4% of revenue in the latest year.
- Good
Is leadership stable?
4 leadership filings in 3 yearsCEO in the pay table: Jon Kemp. 4 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Flag
Are the books clean?
Red flags on file1 late-filing notice since 2025.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Information Technology.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 37 | 33 | |
| Pay for performance | — | — | 87 |
| CEO cost | 12 | 35 | |
| Skin in the game | 50 | 47 | |
| Dilution | 49 | 56 | |
| Stable leadership | 100 | 85 | |
| Clean books | 30 | 100 |
Closest peers
Others in Semiconductor Materials & Equipment, by management score. Qnity Electronics is 63rd of 73 in its sector.
Pay versus performance
From the proxy statement filed April 8, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Jon Kemp | $20.6m | $15.9m | $4.2m | $84 | $94 | $729.0m |
The board says pay is tied most to EBITDA. Its other key measures: Adjusted Operating EBITDA, Organic Sales, Relative Total Shareholder Return.
Insiders and the CEO's stake
Jon D. Kemp (Chief Executive Officer) held 114,967.048 shares directly after their latest Form 4 on May 4, 2026, roughly $16.3m at that filing's price.
1 insider bought $138k on the open market in the last six months, with their own money, near the lows. Sales: $142k.
- BoughtBondt Karin DeDirector$138kAug 11, 2026
- SoldSteven SterinDirector$142kJun 5, 2026
Leadership and governance on file
- Aug 21, 2026Leadership change8-K 5.02
- Jan 16, 2026Leadership change8-K 5.02
- Dec 9, 2025Leadership change8-K 5.02
- Nov 14, 2025Late filing noticeNT 10-Q
- Nov 3, 2025Leadership change8-K 5.02
Latest shareholder vote results: May 22, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $13.0m returned to owners in buybacks and dividends, 2% of net income, and $46.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | — | $4.0bn | $4.3bn | $4.8bn |
| Net income | — | — | — | — | $729.0m |
| Stock-based pay | — | — | $13.0m | $13.0m | $20.0m |
| Buybacks | — | — | — | — | — |
| Dividends | — | — | $0 | $0 | $13.0m |
| Diluted shares | — | — | 209m | 209m | 210m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.