Quaker Chemical (KWR) VP awarded 297 time-based RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meagher Kevin K. reported acquisition or exercise transactions in this Form 4 filing.
Quaker Chemical Corporation executive Kevin K. Meagher, VP, R&D - Advanced Solutions, received a grant of 297 Restricted Stock Units (RSUs) as equity-based compensation. Each RSU represents a contingent right to receive one share of KWR common stock, with dividend equivalent rights accruing as dividends are paid.
The time-based RSUs will vest in three annual installments beginning on March 15, 2027, aligning Mr. Meagher’s long-term incentives with shareholders. Following this grant, he holds 297 RSUs directly, all subject to future vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meagher Kevin K.
Role
VP, R&D - Advanced Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 297 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 297 shares (Direct)
Footnotes (1)
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FAQ
What did Quaker Chemical (KWR) disclose about Kevin Meagher in this Form 4?
Quaker Chemical reported that Kevin K. Meagher, VP, R&D - Advanced Solutions, received a grant of 297 Restricted Stock Units. These units are compensation-based awards that can convert into shares of KWR common stock if future vesting conditions are met over time.
How many Restricted Stock Units were granted to Kevin Meagher at Quaker Chemical (KWR)?
Kevin K. Meagher was granted 297 Restricted Stock Units. Each RSU represents a contingent right to receive one share of KWR common stock, giving him potential future ownership tied to meeting the specified time-based vesting schedule under the company’s incentive plan.
When do Kevin Meagher’s Quaker Chemical (KWR) RSUs begin vesting?
The time-based Restricted Stock Units granted to Kevin K. Meagher will begin vesting on March 15, 2027. Vesting occurs in three annual installments from that date, meaning the award converts into common shares gradually rather than all at once, supporting long-term retention.
What does each Restricted Stock Unit represent in the Quaker Chemical (KWR) grant?
Each RSU granted to Kevin K. Meagher represents a contingent right to receive one share of Quaker Chemical common stock. The units only convert into actual shares as they vest over time, subject to the conditions of the company’s Long-Term Performance Incentive Plan.
How many Quaker Chemical (KWR) RSUs does Kevin Meagher hold after this grant?
After this grant, Kevin K. Meagher holds 297 Restricted Stock Units directly. These units are derivative interests rather than currently outstanding shares, and they will convert into KWR common stock only as they satisfy the specified time-based vesting conditions starting in 2027.