Earnings Feed
Start Free
QUAKER CHEMICAL CORP·4

Mar 17, 5:06 PM ET

Traub Robert T 4

4 · QUAKER CHEMICAL CORP · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Quaker (KWR) SVP Robert Traub Receives 2,800 Shares; Surrenders 562

What Happened

  • Robert T. Traub, SVP, General Counsel & Corporate Secretary of Quaker Chemical Corp (KWR), had equity awards settle on March 15, 2026. The filing reports acquisitions totaling 2,800 shares (various awards/derivative conversions) and the surrender of 562 shares to satisfy withholding taxes (562 shares x $118.45 = $66,569).
  • The transactions reflect vesting/settlement of performance stock units (PSUs), restricted stock units (RSUs), and dividend equivalent rights (DERs), not an open-market purchase or sale for personal liquidity. Net, Traub acquired 2,238 shares (2,800 acquired less 562 surrendered for taxes).

Key Details

  • Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely — within two business days).
  • Price/values: 562 shares surrendered at $118.45 each for $66,569 (tax withholding). Other acquired shares reported at $0.00 because they resulted from award settlement/conversions, not cash purchases.
  • Shares acquired: 1,028 (award) + 1,772 (derivative settlement) = 2,800 shares acquired; 562 shares surrendered for tax withholding.
  • Shares owned after transaction: not explicitly stated on the Form 4; filing references plan statement information as of Dec 31, 2025.
  • Notable footnotes:
    • F1: PSUs awarded 3/15/2023 vested based on certified ROIC performance.
    • F3: DERs from 2024 and 2025 RSU grants were settled as share equivalents upon vesting.
    • F4: Shares were surrendered to satisfy withholding tax obligations (cashless withholding).
    • F6–F8: Notes on timing and structure of prior RSU grants and future vesting schedules.
  • Transaction codes explained: A = award/grant, M = exercise/conversion of derivative, F = shares used to pay taxes.

Context

  • These were award settlements and derivative conversions (PSUs/RSUs/DERs), typical of executive compensation vesting—not an open-market purchase or indicative of an immediate personal sale for cash. The surrender of shares to cover taxes is a routine, administrative step (cashless withholding), not necessarily a bearish signal.

Insider Transaction Report

Form 4
Period: 2026-03-15
QUAKER CHEMICAL CORPKWR
Traub Robert T
SVP, GC & Corp. Sec.
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-15+1,028→ 4,019 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-15+343→ 4,362 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-15+534→ 4,896 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-03-15+17→ 4,913 total
  • Tax Payment

    Common Stock

    [F4]
    2026-03-15$118.45/sh−562$66,569→ 4,351 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F6]
    2026-03-15−343→ 343 total
    → Common Stock (343 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F7]
    2026-03-15−534→ 1,069 total
    → Common Stock (534 underlying)
  • Exercise/Conversion

    Dividend Equivalent Rights

    [F3]
    2026-03-15−17→ 0 total
    Exp: 2026-03-15→ Common Stock (17 underlying)
  • Award

    Restricted Stock Units

    [F8]
    2026-03-15+1,772→ 1,772 total
    → Common Stock (1,772 underlying)
Holdings

  • Common Stock

    [F5]
    (indirect: By 401(k))
    1,262
Footnotes (8)
  • [F1]Shares earned upon vesting and settlement of Performance Stock Units (PSUs) awarded on March 15, 2023, upon certification of performance results by the Compensation and Human Resources Committee based on achievement of the adjusted return on invested capital (ROIC) metric, during the three year performance period.
  • [F2]Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
  • [F3]Dividend equivalent rights (DERs) accrued on reporting person's RSUs granted on March 15, 2024 and March 15, 2025. The rights accrued when and as dividends were paid on KWR common stock. This Form 4 reports the settlement of DERs in connection with the second installment of the 2024 RSU grant and the first installment of the 2025 RSU grant, each vesting on March 15, 2026. Each DER was the economic equivalent of one share of KWR common stock.
  • [F4]Shares surrendered by reporting person to satisfy withholding tax obligation upon the full or partial vesting of certain restricted stock, PSUs, and RSUs previously granted under the Company's Long-Term Performance Incentive Plan.
  • [F5]Information based on reporting person's Plan Statement as of December 31, 2025.
  • [F6]On March 15, 2024, the reporting person was granted 1,029 time-based RSUs, vesting in three annual installments beginning on March 15, 2025.
  • [F7]On March 15, 2025, the reporting person was granted 1,603 time-based RSUs, vesting in three annual installments beginning on March 15, 2026.
  • [F8]Time-based RSUs granted under the Company's Long-Term Performance Incentive Plan, which will vest in three annual installments beginning on March 15, 2027. Each RSU represents a contingent right to receive one share of KWR common stock and DERs accrue with respect to these RSUs when and as dividends are paid on KWR common stock.
Signature
Victoria K. Gehris, Attorney-in-Fact for Robert T. Traub|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773781600.xmlPrimary

    FORM 4