Quaker Chemical (NYSE: KWR) director awarded RSUs as prior grants vest into shares
Rhea-AI Filing Summary
Quaker Chemical Corp director William H. Osborne reported routine equity compensation and vesting activity. On June 1, 2026, he received 975 restricted stock units, granted under the company’s Long-Term Performance Incentive Plan as part of 2026 compensation. Each unit represents a contingent right to one share of KWR common stock and is scheduled to vest 100% on May 31, 2027, with dividend equivalent rights accruing as dividends are paid.
Separately, time-based restricted stock units granted on June 1, 2025 vested 100% on May 31, 2026, converting into 1,198 common shares plus 18 shares from dividend equivalent rights, all at a stated price of $0.00 per share. Following these transactions, Osborne holds 1,216 common shares directly and 6,285 common shares indirectly through a revocable trust. The filing shows no open‑market buys or sales, only grants and derivative exercises.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | -- | -- | -- |
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 on KWR's common stock.