Quaker Chemical (KWR) VP corrects insider filing, now shows 445 RSU grant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Meagher Kevin K. reported acquisition or exercise transactions in this Form 4 filing.
Quaker Chemical Corp VP Kevin K. Meagher reported an amended insider transaction reflecting a compensation grant of 445 Restricted Stock Units (RSUs) tied to the company’s common stock. This corrects a previously reported grant of 297 RSUs. Each RSU represents a contingent right to receive one share of KWR common stock.
The RSUs were granted under the company’s Long-Term Performance Incentive Plan and will vest in three annual installments beginning on March 15, 2027. Dividend Equivalent Rights accrue on these RSUs when and as dividends are paid on Quaker Chemical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meagher Kevin K.
Role
VP, R&D - Advanced Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 445 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 445 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 445 RSUs
Previously reported RSUs: 297 RSUs
RSUs after transaction: 445 RSUs
+1 more
4 metrics
RSUs granted
445 RSUs
Grant under Long-Term Performance Incentive Plan
Previously reported RSUs
297 RSUs
Erroneous amount in earlier Form 4
RSUs after transaction
445 RSUs
Total RSUs from this grant following transaction
Vesting start date
March 15, 2027
First of three annual vesting installments
Key Terms
Restricted Stock Units, Long-Term Performance Incentive Plan, Dividend Equivalent Rights
3 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") acquired under the Company's Long-Term Performance Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Performance Incentive Plan financial
"Restricted Stock Units ("RSUs") acquired under the Company's Long-Term Performance Incentive Plan"
Dividend Equivalent Rights financial
"Dividend Equivalent Rights accrue when and as dividends are paid on KWR common stock"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
What did Quaker Chemical (KWR) executive Kevin K. Meagher report in this Form 4/A?
Kevin K. Meagher reported an amended grant of 445 Restricted Stock Units (RSUs) under Quaker Chemical’s Long-Term Performance Incentive Plan, correcting a previously reported amount of 297 RSUs and reflecting his updated equity-based compensation award.
Why was this Form 4/A amendment filed for Quaker Chemical (KWR)?
The amendment was filed because the earlier Form 4 erroneously reported 297 RSUs. The correct number is 445 RSUs. The Form 4/A updates the official SEC record so insider ownership and compensation information are accurate for investors and regulators.
How many Quaker Chemical (KWR) Restricted Stock Units does Kevin Meagher now report holding from this grant?
From this grant, Kevin Meagher reports holding 445 Restricted Stock Units following the transaction. These RSUs are a form of stock-based compensation that convert into an equal number of Quaker Chemical common shares if and when the vesting conditions are met.
When will Kevin Meagher’s Quaker Chemical (KWR) RSUs vest?
The 445 RSUs will vest in three annual installments beginning on March 15, 2027. Vesting means the RSUs convert into KWR common shares over time, aligning the executive’s compensation with the company’s long-term performance.
What do the Quaker Chemical (KWR) RSUs and Dividend Equivalent Rights represent?
Each RSU represents a contingent right to receive one share of KWR common stock upon vesting. Dividend Equivalent Rights accrue on these RSUs when dividends are paid, mirroring the dividend value the holder would receive if they already owned the underlying shares.