Quaker Chemical (KWR) director equity vests, 975 new RSUs granted
Rhea-AI Filing Summary
Quaker Chemical director Lucrece Foufopoulos - De Ridder reported routine equity compensation and related share movements. On June 1, 2026, she received a grant of 975 restricted stock units (RSUs) as part of 2026 compensation for non-management directors, which vest 100% on May 31, 2027 and accrue dividend equivalent rights.
On May 31, 2026, earlier time-based RSUs granted on June 1, 2025 fully vested, converting into 1,198 shares of common stock, and 18 dividend equivalent rights were settled into an equal number of shares. To cover statutory taxes on this vesting, 365 shares of common stock were surrendered, leaving her with 2,281 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 851 shares
Net Buy
6 txns
Insider
Foufopoulos - De Ridder Lucrece
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 975 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,198 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 18 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,198 | $0.00 | $0.00 |
| Exercise | Common Stock | 18 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 365 | $143.53 | $52K |
Holdings After Transaction:
Dividend Equivalent Rights — 0 shares (Direct);
Restricted Stock Units — 975 shares (Direct);
Common Stock — 2,281 shares (Direct)
Footnotes (6)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. Shares surrendered by reporting person to satisfy statutory withholding tax obligation upon vesting of restricted stock units previously granted on June 1, 2025 under the Company's Long-Term Performance Incentive Plan.
- F4. On June 1, 2025, the reporting person was granted time-based restricted stock units that vested 100% on May 31, 2026.
- F5. 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.
- F6. 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.
Key Figures
New RSU grant: 975 units
New RSU vesting date: May 31, 2027
RSUs vested: 1,198 shares
+3 more
6 metrics
New RSU grant
975 units
Time-based RSUs granted June 1, 2026 for 2026 director compensation
New RSU vesting date
May 31, 2027
100% vesting date for 975 RSUs granted to non-management director
RSUs vested
1,198 shares
Common shares from RSUs granted June 1, 2025 and vested May 31, 2026
Dividend equivalent shares
18 shares
Settlement of dividend equivalent rights into common stock on May 31, 2026
Shares withheld for taxes
365 shares at $143.53
Surrendered to satisfy statutory withholding tax on RSU vesting
Shares held after transactions
2,281 shares
Direct common stock holdings after vesting and tax withholding
Key Terms
Restricted stock units, Dividend equivalent rights, Long-Term Performance Incentive Plan, statutory withholding tax obligation, +1 more
5 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
"previously granted on June 1, 2025 under the Company's Long-Term Performance Incentive Plan."
statutory withholding tax obligation financial
"Shares surrendered by reporting person to satisfy statutory withholding tax obligation upon vesting of restricted stock units."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Quaker Chemical (KWR) director Lucrece Foufopoulos - De Ridder receive in this Form 4 filing?
She received a grant of 975 restricted stock units as 2026 compensation for non-management directors. These RSUs convert one-for-one into Quaker Chemical common stock upon vesting and also accrue dividend equivalent rights when dividends are paid.
When do the newly granted 975 RSUs for Quaker Chemical (KWR) vest?
The 975 restricted stock units vest 100% on May 31, 2027. Until vesting, they remain contingent rights to receive Quaker Chemical common shares and accrue dividend equivalent rights in line with dividends on KWR common stock.
What happened to Lucrece Foufopoulos - De Ridder’s prior Quaker Chemical (KWR) RSU award?
Time-based RSUs granted on June 1, 2025 vested fully on May 31, 2026, converting into 1,198 shares of Quaker Chemical common stock. Related dividend equivalent rights produced an additional 18 shares, matching one share per right.
What are dividend equivalent rights in the Quaker Chemical (KWR) director’s equity awards?
Dividend equivalent rights accrue on RSUs when Quaker Chemical pays dividends on its common stock. Each right is the economic equivalent of one share and can settle into a share when the related RSUs vest, as shown by the 18-share settlement.