STOCK TITAN

Director Fay West (NYSE: KWR) granted RSUs and exercises 1,216 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
West Fay

(Last)(First)(Middle)
10400 CLEAN STREET
MAIL DROP 5E-406

(Street)
EDEN PRAIRIE MINNESOTA 55344-2650

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QUAKER CHEMICAL CORP [ KWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/31/2026M1,198A(1)5,261D
Common Stock05/31/2026M18A(2)5,279D
Common Stock2,492IBy The Douglas West Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/31/2026M1,198 (3) (3)Common Stock1,198$00D
Dividend Equivalent Rights(2)05/31/2026M18 (2)05/31/2026Common Stock18(2)0D
Restricted Stock Units(4)06/01/2026A975(5) (5) (5)Common Stock975$0975D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.
3. On June 1, 2025, the reporting person was granted time-based restricted stock units that vested 100% on May 31, 2026.
4. 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.
5. 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.
Remarks:
Victoria K. Gehris, Attorney-in-Fact for Fay West06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Quaker Chemical (KWR) shares were acquired through equity award exercises?

The Form 4 shows exercises of previously granted awards into 1,216 common shares. This total comes from 1,198 shares tied to restricted stock units and 18 shares from dividend equivalent rights, all at a stated exercise price of zero.

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.