Quaker Chemical (KWR) officer files Form 3 disclosing 518 shares and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Andre Frodl, VP, R&D - Metals & Metalworking at Quaker Chemical Corp (KWR), filed an Initial Statement of Beneficial Ownership reporting direct ownership of 518 shares of KWR common stock and time‑based restricted stock units that represent 632 additional underlying shares. One RSU grant vests 50% on June 15, 2024 and 50% on December 15, 2025. Other RSU grants vest in three annual installments beginning March 15, 2024, March 15, 2025, and March 15, 2026, and dividend equivalent rights accrue as dividends are paid on KWR common stock. The Form 3 lists the reportable event date as 10/01/2025 and is signed by an attorney‑in‑fact.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Frodl Andre
Role
VP, R&D-Metals & Metalworking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 172 shares (Direct);
Common Stock — 518 shares (Direct)
Footnotes (1)
- The restricted stock units vest 50% on June 15, 2024 and 50% on December 15, 2025. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock. Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock. The restricted stock units vest in three annual installments beginning on March 15, 2024. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock. The restricted stock units vest in three annual installments beginning on March 15, 2025. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock. The restricted stock units vest in three annual installments beginning on March 15, 2026. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.
FAQ
What did Andre Frodl disclose on the Form 3 for KWR?
Mr. Frodl reported direct ownership of 518 shares and time‑based restricted stock units representing 632 underlying shares of KWR common stock.
When is the reportable event date on the Form 3 for KWR (Andre Frodl)?
The Form 3 lists the event date as 10/01/2025.
What are the vesting schedules for the restricted stock units reported by Andre Frodl?
One grant vests 50% on June 15, 2024 and 50% on December 15, 2025; other grants vest in three annual installments beginning March 15, 2024, March 15, 2025, and March 15, 2026.
Do the restricted stock units include dividend rights?
Yes, the RSUs accrue dividend equivalent rights when and as dividends are paid on KWR common stock.
What position does the reporting person hold at Quaker Chemical Corp?
The Form 3 identifies the reporting person as VP, R&D - Metals & Metalworking.