Quaker Chemical (KWR) 10% Owner Acquires Derivative Interests

What Happened
Gulf Hungary Holding Korlatolt Felelossegu Tarsasag, reported as a >10% owner of Quaker Chemical Corp (KWR), reported multiple "other acquisition or disposition" (Form 4 code J) transactions on 2026-05-26. The filing lists nine derivative acquisitions totaling 341,612 shares (17,502; 34,000; 60,000; 19,732; 140,000; 10,296; 17,502; 34,000; 8,580). No purchase prices or total dollar values were disclosed (price listed as N/A); Exhibit 99.1 is referenced for explanations.

Key Details

• Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-28).
• Transaction type/code: "Other acquisition or disposition" (code J) — derivative acquisitions.
• Shares involved: Nine derivative entries totaling 341,612 (see counts above). Price/value: N/A in filing.
• Shares owned after transaction: Not reported in the Form 4 summary provided.
• Footnotes: F1–F8 reference Notes in Exhibit 99.1 for details and explanations.
• Timeliness: Filing was submitted two days after the transactions (appears timely under Form 4 rules).

Context

• Form 4 code J covers "other" acquisitions or dispositions (commonly conversions of convertible securities, warrant exercises, or similar adjustments). The filing’s Exhibit 99.1 should be consulted for the precise nature of these derivative transactions.
• This insider is a 10% institutional owner, not a company officer or director; institutional transactions can reflect portfolio or structural changes rather than personal trading decisions.
• Because prices/values aren’t disclosed here, investors should review Exhibit 99.1 or subsequent disclosures for valuation or conversion details.