Quaker Chemical (NYSE: KWR) director receives stock awards and RSUs
Rhea-AI Filing Summary
Quaker Chemical Corp director Russell Shaller reported equity compensation activity and vesting of prior awards. On June 1, 2026, he received a grant of 413 shares of common stock at $145.24 per share, reflecting 75% of his annual director retainer paid in stock. He was also granted 975 restricted stock units (RSUs) as part of his 2026 compensation, each representing a contingent right to one share of common stock and scheduled to vest 100% on May 31, 2027.
On May 31, 2026, time-based RSUs granted on June 1, 2025 vested in full, and related dividend equivalent rights were settled, resulting in a total of 1,216 common shares issued through derivative exercises. Following these transactions, Shaller directly owns 4,045 shares of common stock and holds 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.