BAKHSHI NANDITA 4

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.