Form 8-K · Current report
Qnity Electronics 8-K, filed Sep 10, 2026
- Filed
- CIK
- 0002058873
- Accession no.
- 0002058873-26-000037
Summary
DuPont de Nemours, The Chemours Company, and Corteva (with subsidiary EIDP) entered a Settlement Agreement with the State of North Carolina and certain municipalities resolving all claims over PFAS and other emissions from the Fayetteville Works facility and North Carolina's claims over unrelated PFAS contamination. Qnity Electronics' previously recorded $43 million indemnification liability for the settlement is unchanged and equals its 44% contractually allocated share of DuPont's after-tax liability.
Key points
- DuPont, Chemours, and Corteva agreed to count the settlement and potential future litigation settlements against the 2021 MOU limit at net present value as of the applicable settlement date, as if payable in equal annual installments over 25 years discounted at 8%.
- The companies agreed that future contributions to the MOU escrow account will be considered satisfied by payments tied to New Jersey and North Carolina settlements, including the escrow contribution that would have been due in September 2026.
- Qnity Electronics established a $43 million indemnification liability in Q2 2026, representing its 44% contractual allocation of DuPont's after-tax liability for the settlement.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
From the filing
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. …
An excerpt of the text as filed with the SEC, cut for length.
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