Director Fay West (NYSE: KWR) granted RSUs and exercises 1,216 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quaker Chemical director Fay West reported routine equity compensation activity. On June 1, 2026, West received a grant of 975 time-based restricted stock units as part of 2026 compensation, each representing one future share of KWR common stock, vesting 100% on May 31, 2027.
West also exercised previously granted restricted stock units and related dividend equivalent rights that vested on May 31, 2026, converting a total of 1,216 rights into common shares at no cash exercise price. In addition, 2,492 common shares are reported as held indirectly through The Douglas West Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,216 shares exercised/converted
Mixed
6 txns
Insider
West Fay
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 975 | $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 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 975 shares (Direct, null);
Dividend Equivalent Rights — 0 shares (Direct, null);
Common Stock — 5,261 shares (Direct, null);
Common Stock — 2,492 shares (Indirect, By The Douglas West Revocable Trust)
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. 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
New RSU grant: 975 units
RSUs exercised: 1,198 shares
Dividend equivalent rights exercised: 18 shares
+3 more
6 metrics
New RSU grant
975 units
Time-based RSUs granted on June 1, 2026 for 2026 compensation
RSUs exercised
1,198 shares
Common stock received from vested restricted stock units on May 31, 2026
Dividend equivalent rights exercised
18 shares
Common stock received from dividend equivalent rights tied to RSUs
Total shares from exercises
1,216 shares
Aggregate common shares from RSUs and dividend equivalent rights
Indirect trust holdings
2,492 shares
KWR common stock held by The Douglas West Revocable Trust
Exercise price
$0.00 per share
Stated price for RSU and dividend equivalent right conversions
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"
time-based restricted stock units financial
"On June 1, 2025, the reporting person was granted time-based restricted stock units"
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 Fay West report in the latest Form 4 for Quaker Chemical (KWR)?
Fay West reported routine equity compensation activity, including a grant of 975 restricted stock units and the exercise of prior equity awards into 1,216 common shares, plus indirect holdings through a family trust.
How many restricted stock units did Fay West receive from Quaker Chemical (KWR)?
Fay West received 975 time-based restricted stock units as part of 2026 compensation. Each unit represents a contingent right to one share of KWR common stock, vesting fully on May 31, 2027, if service conditions are met.
What are dividend equivalent rights in Fay West’s Quaker Chemical (KWR) filing?
Dividend equivalent rights mirror dividends on common shares for certain equity awards. In this filing, 18 such rights were settled into common stock when related restricted stock units vested, each right economically matching one share of KWR common stock.
What indirect Quaker Chemical (KWR) holdings does Fay West report?
The filing reports 2,492 KWR common shares held indirectly through The Douglas West Revocable Trust. This indicates part of West’s economic exposure to Quaker Chemical stock is owned via a revocable trust rather than directly in a personal account.
Are Fay West’s Quaker Chemical (KWR) transactions open-market buys or sales?
The transactions are equity award grants and exercises, not open-market trades. Codes show a grant of restricted stock units and exercises of derivative awards and dividend equivalent rights, with no reported open-market purchases or sales in this Form 4.