Osborne William H 4

4 · QUAKER CHEMICAL CORP · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Quaker Chemical (KWR) Director William Osborne Converts RSUs, Receives Award

What Happened

William H. Osborne, a non-management director of Quaker Chemical (KWR), had restricted stock units (RSUs) convert into common stock following vesting on May 31, 2026 and was granted a new RSU award. Transactions reported: conversion/acquisition of 1,198 and 18 shares (derivative conversions listed as N/A), a disposition of 1,198 derivative shares at $0.00, and a new grant of 975 RSUs on June 1, 2026 (975 shares @ $0.00). No cash purchase or sale proceeds are reported — these were RSU conversions/awards rather than open-market trades.

Key Details

Transaction dates: conversions/settlement on 2026-05-31; new grant dated 2026-06-01. Filing date: 2026-06-02 (reporting period 2026-05-31).
Prices/values: conversions listed at N/A; one disposition shown at $0.00 (derivative); new grant 975 RSUs @ $0.00. No cash proceeds reported.
Shares owned after transaction: not specified in the provided filing excerpt.
Relevant footnotes from the filing:
- RSUs convert one-for-one into common shares (F1).
- Some shares reflect settlement of dividend equivalent rights tied to RSU vesting (F2).
- The RSUs that vested were granted on June 1, 2025 and vested 100% on May 31, 2026 (F3).
- The 975-RSU grant is a time-based director award under the long-term incentive plan; these RSUs vest 100% on May 31, 2027 and accrue dividend equivalents (F4, F5).
Timeliness: filing appears timely (filed 2026-06-02 for transactions through 2026-05-31).

Context

These transactions are vesting/conversion and grant events for RSUs (derivative instruments), not market purchases or voluntary sales. The reported $0.00 disposition typically reflects shares surrendered/withheld as part of conversion/settlement processes (e.g., taxation or dividend-equivalent settlement) rather than an open-market sale.
For retail investors, award conversions and new RSU grants are standard compensation actions by the company and do not by themselves indicate trading intent by the director.

Form 4

Period: 2026-05-31

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-31+1,198→ 1,198 total
Exercise/Conversion
Common Stock
[F2]
2026-05-31+18→ 1,216 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-05-31−1,198→ 0 total
→ Common Stock (1,198 underlying)
Exercise/Conversion
Dividend Equivalent Rights
[F2]
2026-05-31−18→ 0 total
Exp: 2026-05-31→ Common Stock (18 underlying)
Award
Restricted Stock Units
[F4][F5]
2026-06-01+975→ 975 total
→ Common Stock (975 underlying)

Holdings

Footnotes (5)

[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]On June 1, 2025, the reporting person was granted time-based restricted stock units that vested 100% on May 31, 2026.
[F4]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.
[F5]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 on KWR's common stock.

Signature

Victoria K. Gehris, Attorney-in-Fact for William H. Osborne|2026-06-02

1 file