Quaker Chemical (KWR) EVP logs forfeiture of escrowed stock tied to Houghton deal
Rhea-AI Filing Summary
Quaker Chemical Corp executive Jeewat Bijlani, EVP, Global Specialties & Chief Growth Officer, reported an "other" disposition of 7 shares of Common Stock on August 7, 2026. Footnotes state these shares had been escrowed to secure sellers' indemnification obligations from the acquisition of Global Houghton Ltd. and were forfeited upon resolution of remaining indemnification claims and release of the escrow. The reported price of $153.20 per share is a volume-weighted average used for escrow calculations. After this event, Bijlani held 6,741 shares directly and 62 shares indirectly via a 401(k) plan, with the plan balance based on a statement as of June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7 shares
Net Sell
2 txns
Insider
Bijlani Jeewat
Role
EVP, Glob. Spec. & CGO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 7 | $153.20 | $1K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,741 shares (Direct);
Common Stock — 62 shares (Indirect, By 401(k))
Footnotes (3)
- F1. Certain shares beneficially owned by reporting person were escrowed to secure sellers' indemnification obligations related to the Issuer's acquisition of Global Houghton Ltd. The shares reported were forfeited in connection with the resolution of remaining indemnification claims and release of the escrow.
- F2. Reported price is the volume-weighted average price used in calculations made under the escrow agreement.
- F3. Information based on reporting person's Plan Statement as of June 30, 2026.
Key Figures
Shares forfeited: 7 shares
Escrow calculation price: $153.20 per share
Direct holdings after transaction: 6,741 shares
+2 more
5 metrics
Shares forfeited
7 shares
Common Stock forfeited from escrow on August 7, 2026
Escrow calculation price
$153.20 per share
Volume-weighted average price used under escrow agreement
Direct holdings after transaction
6,741 shares
Common Stock directly held by Jeewat Bijlani following the forfeiture
Indirect 401(k) holdings
62 shares
Indirect Common Stock holdings via 401(k), based on June 30, 2026 plan statement
Restructuring shares
7 shares
Shares classified as restructuring-related in transaction summary
Key Terms
escrowed, indemnification obligations, volume-weighted average price
3 terms
escrowed financial
"Certain shares beneficially owned by reporting person were escrowed to secure sellers'"
indemnification obligations financial
"escrowed to secure sellers' indemnification obligations related to the Issuer's acquisition"
A company's indemnification obligations are promises it has made to cover certain losses, legal costs, or damages that another party might suffer because of the company’s actions or events tied to a deal. Think of it like a guarantee or built-in insurance: if something goes wrong, the company must step in and pay. For investors this matters because these potential payouts create contingent liabilities that can reduce cash, raise legal exposure, and affect a company’s value and risk profile.
volume-weighted average price financial
"Reported price is the volume-weighted average price used in calculations"
Volume-weighted average price (VWAP) is the average price of a stock over a specific time period where each trade is weighted by the number of shares traded, so larger trades influence the average more than small ones. Investors and traders use VWAP as a reference point to judge whether trades are happening at relatively good or poor prices—like checking the average price paid for an item at a market where bulk purchases count more than single-item buys.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Quaker Chemical (KWR) EVP Jeewat Bijlani report in this Form 4?
Jeewat Bijlani reported an "other" disposition of 7 shares of Quaker Chemical Common Stock on August 7, 2026, tied to the forfeiture of escrowed shares related to indemnification obligations from the Global Houghton Ltd. acquisition.
Does this Quaker Chemical (KWR) Form 4 involve a 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes describe the event as an escrow-related forfeiture, not an open-market trade under a pre-arranged trading plan.