Quaker Chemical (NYSE: KWR) SVP gains stock awards and covers taxes
Rhea-AI Filing Summary
Quaker Chemical Corp senior vice president, general counsel and corporate secretary Robert T. Traub reported a series of equity compensation transactions on March 15, 2026.
He received 1,772 time-based restricted stock units and 1,028 shares of common stock earned from performance stock units granted in 2023, following certification of the company’s adjusted return on invested capital performance. Previously granted RSUs and dividend equivalent rights were also converted into common stock.
In connection with these vestings, 562 shares of common stock were surrendered at $118.45 per share to cover withholding taxes, a non‑market disposition. After these transactions, Traub directly holds 4,351 shares of common stock, and indirectly holds 1,262 shares through a 401(k) plan as of December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 343 | $0.00 | -- |
| Exercise | Restricted Stock Units | 534 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 17 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,772 | $0.00 | -- |
| Grant/Award | Common Stock | 1,028 | $0.00 | -- |
| Exercise | Common Stock | 343 | $0.00 | -- |
| Exercise | Common Stock | 534 | $0.00 | -- |
| Exercise | Common Stock | 17 | $0.00 | -- |
| Tax Withholding | Common Stock | 562 | $118.45 | $67K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. 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. 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. Information based on reporting person's Plan Statement as of December 31, 2025. On March 15, 2024, the reporting person was granted 1,029 time-based RSUs, vesting in three annual installments beginning on March 15, 2025. On March 15, 2025, the reporting person was granted 1,603 time-based RSUs, vesting in three annual installments beginning on March 15, 2026. 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.