Quaker Chemical EVP forfeits 7 escrowed shares
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 7 | $153.20 | $1K |
| holding | Common Stock F3 | -- | -- | -- |
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
Key Terms
escrowed financial
indemnification obligations financial
volume-weighted average price financial
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