DOUGLAS MARK 4
4 · QUAKER CHEMICAL CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Quaker Chemical (KWR) Director Douglas Mark Receives 2,957 Shares
What Happened
- Douglas Mark, a director of Quaker Chemical Corp. (KWR), received a total of 2,957 shares through vesting/conversion of restricted stock units (RSUs) and company awards. On May 31, 2026, RSUs converted/settled into 1,216 shares (1,198 + 18). On June 1, 2026, he was granted/received 1,741 shares (766 + 975) as director compensation/awards. The reported share receipts are recorded at $0.00 (no cash purchase); one grant was issued to satisfy the annual chairperson retainer valued at $110,000.
Key Details
- Transaction dates and types: May 31, 2026 — conversion/settlement of RSUs/dividend equivalents (derivative entries); June 1, 2026 — grants/awards of shares. Reported prices: $0.00 for awards; conversions/derivative entries show $0 or N/A.
- Total shares received in this filing: 2,957 shares (1,216 from vesting/conversions + 1,741 from June 1 awards).
- Shares owned after the transactions: not stated in the provided filing data.
- Notable footnotes:
- RSUs convert one-for-one into common shares (F1).
- Some entries reflect settlement of dividend equivalent rights tied to RSU vesting (F2).
- A grant was made to pay the annual chairperson retainer (value $110,000) and is fully vested as of grant (F3).
- The vested RSUs were originally granted June 1, 2025 and vested 100% on May 31, 2026 (F4).
- Additional time‑based RSUs were granted as 2026 director compensation and some vest 100% on May 31, 2027; dividend equivalents accrue on those (F5, F6).
- Filing timeliness: Reported period ended May 31, 2026 and the Form 4 was filed June 2, 2026 — appears to be filed within the usual two‑business‑day window.
Context
- These were vesting/conversion events and new grants (awards), not open‑market purchases or sales. Derivative/“M” entries reflect conversion/settlement of RSUs and dividend-equivalent rights rather than exercised-and-sold option transactions. Awards paid to satisfy retainer or as director compensation are routine and do not by themselves indicate a personal market view.
Insider Transaction Report
Form 4
DOUGLAS MARK
Director
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-31+1,198→ 5,494 total - Exercise/Conversion
Common Stock
[F2]2026-05-31+18→ 5,512 total - Award
Common Stock
[F3]2026-06-01+766→ 6,278 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-05-31−1,198→ 0 total→ Common Stock (1,198 underlying) - Exercise/Conversion
Dividend Equivalent Rights
[F2]2026-05-31−18→ 0 totalExp: 2026-05-31→ Common Stock (18 underlying) - Award
Restricted Stock Units
[F5][F6]2026-06-01+975→ 975 total→ Common Stock (975 underlying)
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Settlement of dividend equivalent rights in connection with vesting of restricted stock unit. The rights accrued when and as dividends were paid on KWR common stock. Each dividend equivalent right was the economic equivalent of one share of KWR common stock.
- [F3]Grant of stock by the Company to provide full payment of the annual chairperson retainer (having a value of $110,000) for the 2026-2027 Board year. Award is fully vested as of the date of grant.
- [F4]On June 1, 2025, the reporting person was granted time-based restricted stock units that vested 100% on May 31, 2026.
- [F5]Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan to Quaker Houghton's non-management directors as part of their 2026 compensation. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.
- [F6]The restricted stock units vest 100% on May 31, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid to KWR's common stock.
Signature
Victoria K. Gehris, Attorney-in-Fact for Mark A. Douglas|2026-06-02