Quaker Chemical (NYSE: KWR) SVP CTO logs RSU vesting, tax withholding and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quaker Chemical SVP and CTO Christine Procopio Johnson reported routine equity compensation activity involving restricted stock units (RSUs) and related common shares. On March 15, 2026, 304 RSUs and 2 dividend equivalent rights converted into 306 shares of common stock, reflecting the first installment vesting of a 2025 RSU grant.
To cover withholding taxes on this vesting, 111 shares were surrendered at a price of $118.45 per share, leaving 195 common shares held directly afterward. Johnson also received a new grant of 1,013 time-based RSUs that vest in three annual installments beginning on March 15, 2027, each representing a contingent right to one share of Quaker Chemical common stock with dividend equivalents accruing over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
306 shares exercised/converted
Mixed
6 txns
Insider
Johnson Christine Procopio
Role
SVP, CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 304 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 2 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,013 | $0.00 | -- |
| Exercise | Common Stock | 304 | $0.00 | -- |
| Exercise | Common Stock | 2 | $0.00 | -- |
| Tax Withholding | Common Stock | 111 | $118.45 | $13K |
Holdings After Transaction:
Restricted Stock Units — 609 shares (Direct);
Dividend Equivalent Rights — 0 shares (Direct);
Common Stock — 304 shares (Direct)
Footnotes (1)
- Restricted stock units (RSUs) convert into common stock on a one-for-one basis. Dividend equivalent rights (DERs) accrued on the reporting person's RSUs granted on October 15, 2025. The rights accrued when and as dividends were paid on KWR common stock. This Form 4 reports the settlement of DERs in connection with the first installment of the 2025 RSU grant, which vests on March 15, 2026. Each DER was the economic equivalent of one share of KWR common stock. Shares surrendered by reporting person to satisfy withholding tax obligation upon partial vesting of RSUs granted on October 15, 2025 under the Company's Long-Term Performance Incentive Plan. On October 15, 2025, the reporting person was granted 913 time-based RSUs, vesting in three annual installments beginning on March 15, 2026. Time-based RSUs granted under the Company's Long-Term Performance Incentive Plan, which will vest in three annual installments beginning on March 15, 2027. Each RSU represents a contingent right to receive one share of KWR common stock and DERs accrue with respect to these RSUs when and as dividends are paid on KWR common stock.
FAQ
What insider transactions did KWR SVP CTO Christine Procopio Johnson report on March 15, 2026?
She reported RSUs and dividend equivalent rights converting into common stock, plus a new RSU grant. 304 RSUs and 2 dividend rights became 306 common shares, and 1,013 new time-based RSUs were awarded under Quaker Chemical’s long-term incentive plan.
What RSU vesting event did Quaker Chemical (KWR) disclose for Christine Procopio Johnson?
The filing shows 304 RSUs vesting and converting into common stock on March 15, 2026. This represents the first installment of a 913-unit RSU grant awarded on October 15, 2025, which is scheduled to vest in three annual installments starting in 2026.
What new restricted stock units did KWR grant to Christine Procopio Johnson?
She received 1,013 new time-based RSUs that vest in three annual installments beginning March 15, 2027. Each RSU represents a contingent right to one share of Quaker Chemical common stock, and dividend equivalent rights will accrue when dividends are paid on KWR shares.
What are dividend equivalent rights mentioned in the KWR Form 4 filing?
Dividend equivalent rights (DERs) are credits that mirror dividends on underlying RSUs. For Johnson, DERs accrued on RSUs granted October 15, 2025 and were settled in common stock when the first RSU installment vested on March 15, 2026, with each DER equal to one KWR share.