Quaker Chemical (NYSE: KWR) director awarded RSUs, converts prior units to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUAKER CHEMICAL CORP director Sanjay Hinduja reported compensation-related equity awards and vesting activity. On June 1, 2026, he received 975 restricted stock units (RSUs) as part of 2026 compensation under the Long-Term Performance Incentive Plan. These RSUs convert into common stock on a one-for-one basis and vest 100% on May 31, 2027, with dividend equivalent rights accruing as dividends are paid.
Previously granted time-based RSUs from June 1, 2025 vested in full on May 31, 2026, leading to the exercise of 1,198 RSUs and 18 dividend equivalent rights into the same number of common shares at no cash cost. Following these transactions, Hinduja directly holds 5,193 shares of common stock and 975 unvested RSUs. All reported transactions are acquisitions or conversions rather than market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,216 shares exercised/converted
Mixed
5 txns
Insider
Hinduja Sanjay
Role
null
| 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 | -- |
Holdings After Transaction:
Restricted Stock Units — 975 shares (Direct, null);
Dividend Equivalent Rights — 0 shares (Direct, null);
Common Stock — 5,175 shares (Direct, null)
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.
Key Figures
New RSU grant: 975 restricted stock units
RSUs exercised: 1,198 RSUs
Dividend rights exercised: 18 dividend equivalent rights
+3 more
6 metrics
New RSU grant
975 restricted stock units
2026 compensation grant on June 1, 2026
RSUs exercised
1,198 RSUs
Time-based RSUs vested and converted on May 31, 2026
Dividend rights exercised
18 dividend equivalent rights
Converted into 18 common shares on May 31, 2026
Shares held after
5,193 common shares
Direct ownership following May 31, 2026 transactions
Unvested RSUs remaining
975 restricted stock units
Outstanding after June 1, 2026 grant
Derivative exercises
1,216 shares
Total shares from RSU and dividend right exercises
Key Terms
Restricted Stock Units, Dividend equivalent rights, Long-Term Performance Incentive Plan, time-based restricted stock units
4 terms
Restricted Stock Units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend equivalent rights financial
"Settlement of dividend equivalent rights in connection with vesting of restricted stock unit."
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Long-Term Performance Incentive Plan financial
"Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan to Quaker Houghton's non-management directors."
time-based restricted stock units financial
"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 are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
FAQ
What did Sanjay Hinduja report in his latest Form 4 for KWR?
Sanjay Hinduja reported equity awards and vesting activity. He received 975 new restricted stock units and converted 1,198 earlier RSUs plus 18 dividend equivalent rights into common shares, all at no cash cost.
How many restricted stock units did Sanjay Hinduja receive from Quaker Chemical (KWR)?
He received 975 restricted stock units as part of his 2026 compensation. These RSUs vest 100% on May 31, 2027 and each unit represents a contingent right to receive one share of Quaker Chemical common stock.
When do Sanjay Hinduja’s new KWR restricted stock units vest?
The 975 restricted stock units granted to Sanjay Hinduja vest 100% on May 31, 2027. Dividend equivalent rights accrue on these RSUs as Quaker Chemical pays dividends on its common stock during the vesting period.
What happened to Sanjay Hinduja’s prior Quaker Chemical RSU grant?
Time-based restricted stock units granted on June 1, 2025 vested fully on May 31, 2026. Upon vesting, 1,198 RSUs and 18 dividend equivalent rights were settled into an equal number of Quaker Chemical common shares at no cash exercise price.
Were there any open-market purchases or sales by Sanjay Hinduja in this KWR Form 4?
The filing shows only grants and conversions, not open-market trades. All reported entries are compensation-related RSU awards or exercises of RSUs and dividend equivalent rights, resulting in additional common shares without market purchases or sales.