Quaker Chemical (KWR) 10% Owner Sells 5,017 Shares

What Happened

• Gulf Hungary Holding Korlatolt Felelossegu Tarsasag (the Reporting Person), a 10% owner of Quaker Chemical Corp. (KWR), had 5,017 shares released from escrow to the issuer on August 20, 2026 to satisfy the Reporting Person's indemnification obligations related to Quaker's acquisition of Global Houghton Ltd.
• The reported disposition was for 5,017 shares at $169.29 per share, totaling approximately $849,328. This was a transfer to the issuer under the escrow/indemnity arrangement, not an open-market sale.

Key Details

• Transaction date and price: Aug 20, 2026 — 5,017 shares at $169.29 each (total ≈ $849,328).
• Post-transaction ownership: Reporting Person directly beneficially owns 3,905 shares and indirectly beneficially owns 3,635,112 shares (via QH Hungary), for a total of 3,639,017 shares.
• Footnote summary: 5,017 shares held in escrow by Citibank N.A. were released to the Issuer to satisfy indemnification obligations; 3,905 shares were released from escrow back to the Reporting Person as no longer needed for indemnity.
• Transaction code: J (other acquisition/disposition) — here used for escrow release/transfer to satisfy indemnity, not a market sale.
• Filing timeliness: Form 4 filed Aug 24, 2026; filing appears timely (within the two-business-day window).

Context

• This was an institutional/10% owner disposition tied to an indemnity/escrow arrangement from a prior acquisition, not a routine insider sale or a 10b5-1 plan trade. Such transfers reflect contract obligations rather than necessarily signaling management sentiment.