Quaker Chemical (KWR) insider details RSU vesting and tax share sale activity

Rhea-AI Filing Summary

Quaker Chemical Corporation senior vice president and Regional Commercial Lead-EMEA Miguel Moreno Hernandez reported routine equity award activity involving company common stock on December 15, 2025. He acquired 278 shares of common stock upon the vesting and settlement of restricted stock units and an additional 10 shares from dividend equivalent rights, both reported as option exercises or conversions (transaction code M).

To satisfy tax withholding obligations, 143 shares of common stock were disposed of at a price of $138.96 per share (transaction code F). After these transactions, he directly holds 1,942 shares of Quaker Chemical common stock. The filing explains that restricted stock units convert into common stock on a one-for-one basis and that the RSUs stemmed from a grant of 555 time-based units awarded on December 15, 2022, which vested 50% on June 15, 2024 and 50% on December 15, 2025.

SEC Form 4

FORM 4

UNITED 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

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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^*

Moreno Hernandez Miguel

(Last) (First) (Middle)

901 E. HECTOR STREET

(Street)

CONSHOHOCKEN PA 19428-2380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
QUAKER CHEMICAL CORP [ KWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Reg Comm Lead-EMEA

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		M		278	A	(1)	2,075	D
Common Stock	12/15/2025		M		10	A	(2)	2,085	D
Common Stock	12/15/2025		F		143	D	$138.96	1,942	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/15/2025		M			278	(3)	(3)	Common Stock	278	$0	0	D
Dividend Equivalent Rights	(2)	12/15/2025		M			10	(2)	12/15/2025	Common Stock	10	(2)	0	D

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 December 15, 2022, the reporting person was granted 555 time-based restricted stock units, vesting 50% on June 15, 2024 and 50% on December 15, 2025.

Remarks:

	Victoria K. Gehris, Attorney-in-Fact for Miguel Moreno Hernandez	12/17/2025
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Quaker Chemical (KWR) report on December 15, 2025?

The filing shows that Quaker Chemical senior vice president Miguel Moreno Hernandez acquired 278 shares of common stock from vested restricted stock units and 10 shares from dividend equivalent rights, then disposed of 143 shares to cover tax withholding.

How many Quaker Chemical (KWR) shares does the reporting insider own after the Form 4 transactions?

Following the reported transactions on December 15, 2025, the reporting person directly owns 1,942 shares of Quaker Chemical common stock.

What are the restricted stock units reported in the Quaker Chemical (KWR) Form 4?

The Form 4 notes that restricted stock units convert into Quaker Chemical common stock on a one-for-one basis, and that 278 units were settled into shares as part of the reported transaction.

At what price were Quaker Chemical (KWR) shares disposed of to cover taxes?

The filing reports that 143 shares of Quaker Chemical common stock were disposed of at a price of $138.96 per share in a tax withholding transaction (code F).

When were the reported Quaker Chemical (KWR) RSUs granted and how did they vest?

The explanation states that on December 15, 2022, the reporting person was granted 555 time-based restricted stock units, vesting 50% on June 15, 2024 and 50% on December 15, 2025.

What are dividend equivalent rights in this Quaker Chemical (KWR) insider filing?

The filing explains that the dividend equivalent rights settled into 10 shares of common stock and had accrued when and as dividends were paid on KWR common stock, with each right being the economic equivalent of one share.