Quaker Chemical (NYSE: KWR) director granted shares and 975 RSUs in 2026 awards
Rhea-AI Filing Summary
BAKHSHI NANDITA reported acquisition or exercise transactions in this Form 4 filing.
Quaker Chemical Corp director Nandita Bakhshi received equity compensation in the form of common shares and restricted stock units. On June 1, 2026, she was granted 413 shares of common stock at $145.24 per share, representing 75% of her annual director retainer paid in stock.
She was also granted 975 restricted stock units (RSUs) as part of 2026 compensation, each representing one future share of common stock and accruing dividend equivalent rights, vesting 100% on May 31, 2027. On May 31, 2026, previously granted RSUs and related dividend equivalent rights totaling 1,216 shares of common stock vested and were settled, leaving her with 3,059 common shares held directly and 975 RSUs outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 975 | $0.00 | -- |
| Grant/Award | Common Stock | 413 | $145.24 | $60K |
| Exercise | Restricted Stock Units | 1,198 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 18 | $0.00 | -- |
| Exercise | Common Stock | 1,198 | $0.00 | -- |
| Exercise | Common Stock | 18 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Settlement of dividend equivalent rights in connection with vesting of restricted stock unit. The rights accrued when and as dividends were paid on KWR common stock. Each dividend equivalent right was the economic equivalent of one share of KWR common stock. Reflects 75% of the Director's annual retainer paid in shares pursuant to the 2023 Director Stock Ownership Plan. On June 1, 2025, the reporting person was granted time-based restricted stock units that vested 100% on May 31, 2026. Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan to Quaker Houghton's non-management directors as part of their 2026 compensation. Each restricted stock unit represents a contingent right to receive one share of KWR common stock. The restricted stock units vest 100% on May 31, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.