Quaker Chemical (KWR) director granted shares and RSUs in chair and 2026 awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quaker Chemical Corp director Mark Douglas reported equity awards and vesting-related exercises. On June 1, 2026, he received a grant of 766 shares of common stock as full payment of the annual chairperson retainer valued at $110,000, which was fully vested at grant. He was also granted 975 restricted stock units as part of 2026 compensation for non-management directors, each representing a contingent right to one common share that vests 100% on May 31, 2027. On May 31, 2026, previously granted time-based RSUs from a 2025 award and associated dividend equivalent rights vested and were exercised, converting 1,198 RSUs and 18 dividend equivalent rights into 1,216 shares of common stock. Following these transactions, Douglas directly holds 6,278 shares of common stock and 975 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,216 shares exercised/converted
Mixed
6 txns
Insider
DOUGLAS MARK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 975 | $0.00 | -- |
| Grant/Award | Common Stock | 766 | $0.00 | -- |
| 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 | -- |
Holdings After Transaction:
Restricted Stock Units — 975 shares (Direct, null);
Common Stock — 6,278 shares (Direct, null);
Dividend Equivalent Rights — 0 shares (Direct, null)
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. Grant of stock by the Company to provide full payment of the annual chairperson retainer (having a value of $110,000) for the 2026-2027 Board year. Award is fully vested as of the date of grant. 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 to KWR's common stock.
Key Figures
Chair retainer grant value: $110,000
Chair retainer shares granted: 766 shares
New RSU award: 975 RSUs
+4 more
7 metrics
Chair retainer grant value
$110,000
Value of 766-share stock grant for 2026-2027 chair retainer
Chair retainer shares granted
766 shares
Common stock grant on June 1, 2026, fully vested
New RSU award
975 RSUs
2026 compensation for non-management director, one-for-one into common stock
RSUs vested and exercised
1,198 RSUs
Time-based RSUs from June 1, 2025 grant vested May 31, 2026
Dividend equivalent rights settled
18 rights
Converted into 18 common shares on May 31, 2026
Common shares after transactions
6,278 shares
Total direct common stock holdings following reported transactions
RSUs after transactions
975 RSUs
Remaining restricted stock units outstanding after vesting and new grant
Key Terms
Restricted stock units, Dividend equivalent rights, Long-Term Performance Incentive Plan, time-based restricted stock units
4 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
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.
Dividend equivalent rights financial
"Settlement of dividend equivalent rights in connection with vesting of restricted stock unit."
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.
Long-Term Performance Incentive Plan financial
"Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan to Quaker Houghton's non-management directors."
time-based restricted stock units financial
"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 are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
FAQ
What did Quaker Chemical (KWR) director Mark Douglas report in this Form 4?
Mark Douglas reported equity compensation and vesting activity, including a grant of 766 common shares for his chairperson retainer, a new award of 975 restricted stock units, and the conversion of earlier RSUs and dividend rights into 1,216 common shares.
What restricted stock unit (RSU) award did Mark Douglas receive from Quaker Chemical (KWR)?
Douglas received 975 restricted stock units as part of Quaker Houghton’s 2026 compensation program for non-management directors. Each RSU represents a contingent right to one KWR common share and is scheduled to vest in full on May 31, 2027, with dividend equivalents accruing meanwhile.
What happened to Mark Douglas’s earlier Quaker Chemical (KWR) RSUs in this filing?
Time-based restricted stock units granted on June 1, 2025 vested 100% on May 31, 2026. Upon vesting, 1,198 RSUs and 18 dividend equivalent rights were exercised, converting into an equal number of KWR common shares, eliminating those derivative positions.
What are dividend equivalent rights in the context of Quaker Chemical (KWR) RSUs?
Dividend equivalent rights give RSU holders economic value equal to dividends paid on KWR common stock. In this case, rights accrued alongside the RSUs and were settled into 18 common shares when the related RSUs vested, mirroring the cash dividends common shareholders received over that period.