Rokosky Kristin 4

What Happened

• Kristin Rokosky, SVP & CHRO of Quaker Chemical (KWR), had multiple awards/derivative settlements and conversions reported for March 15, 2026, and a tax-withholding disposition on March 16, 2026. The Form 4 shows awards/settlements (including RSUs/PSUs and dividend-equivalents) and conversions of derivative awards into common stock; 177 shares were surrendered on March 16 to cover withholding taxes at $118.45/share for $20,966.
• Specific items reported: a 1,350-share RSU settlement (grant/derivative), an 80-share award, and several derivative exercises/conversions of 75, 42, 363 and 7 shares (totaling 487 shares) that converted into common stock (reported at $0 purchase price as these were vested awards/DER settlements). The only cash amount reported was the tax withholding for 177 shares ($20,966).

Key Details

• Transaction dates: primary settlements/conversions on 2026-03-15; tax withholding disposition on 2026-03-16. Filing date: 2026-03-17 (appears timely).
• Prices reported: awards/conversions reported at $0 (typical for vested RSUs/PSUs/DERs); tax-withholding sale at $118.45/share (total $20,966).
• Shares reported moved: awards/settlements totaling at least 1,430 shares (1,350 RSU settlement + 80 award) plus conversions totaling 487 shares noted separately; 177 shares were surrendered for taxes.
• Footnotes of note:
  • F1: PSUs awarded 3/15/2023 vested upon certification of ROIC performance and were settled.
  • F3: Dividend equivalent rights (DERs) on RSUs were settled for actual shares in connection with vesting installments.
  • F4: 177 shares were surrendered to satisfy withholding tax obligations (tax-withholding disposition).
  • F5–F8: detail timing of prior and future RSU grants and vesting schedules.
• Shares owned after the transaction are not specified in the information provided in this summary.

Context

• These transactions are settlements of time- and performance-based awards (RSUs, PSUs, and DERs) and conversions of derivative awards into common stock — not open-market purchases. The surrender of 177 shares to cover taxes is a routine cashless-withholding action common on vesting.
• Because the filings reflect awards/vests rather than purchases or open-market sales, they represent company compensation being converted into stock, not an insider buying or selling in the public market.