BAKHSHI NANDITA 4

4 · QUAKER CHEMICAL CORP · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 3, 2026

Quaker Chemical Director Nandita Bakhshi Receives RSU Award

What Happened

Nandita Bakhshi, a non‑management director of Quaker Chemical Corp (KWR), had restricted stock units convert and received new awards. On May 31, 2026 several derivative securities (RSUs) converted into common shares (1,198 and 18 share conversions reported). On June 1, 2026 she was granted 413 shares at a reported per‑share value of $145.24 (total value $59,984) and 975 restricted stock units reported as an acquisition at $0 (derivative award under director compensation).

Key Details

Transaction dates: May 31, 2026 (RSU conversions/exercises) and June 1, 2026 (grants/awards); Form 4 filed June 2, 2026 (timely within the usual two‑business‑day window).
Prices/values: 413 shares at $145.24 each = $59,984 reported; other RSU entries reported at $0 (derivative awards or conversions) — common for RSU vesting/conversion filings.
Footnotes of note:
- F1: RSUs convert to common stock one‑for‑one.
- F2: Some amounts reflect settlement of dividend equivalent rights.
- F3–F6: Awards reflect director compensation (retainer paid in shares and time‑based RSUs, some vesting May 31, 2027).
Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

Transaction codes: "M" indicates exercise/conversion of derivative securities (here, RSUs converting to common stock); "A" indicates awards/grants. The 413‑share item is a currently settled award with a reported per‑share value; the 975 RSUs are time‑based awards that vest later (May 31, 2027 per footnote) and will convert to shares if/when they vest. These filings reflect routine director compensation and vesting events rather than open‑market purchases or sales.

Form 4

Period: 2026-05-31

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-31+1,198→ 2,628 total
Exercise/Conversion
Common Stock
[F2]
2026-05-31+18→ 2,646 total
Award
Common Stock
[F3]
2026-06-01$145.24/sh+413$59,984→ 3,059 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 total
Exp: 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]Reflects 75% of the Director's annual retainer paid in shares pursuant to the 2023 Director Stock Ownership Plan.
[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 on KWR's common stock.

Signature

Victoria K. Gehris, Attorney-in-Fact for Nandita Bakhshi|2026-06-02

1 file