Quaker Chemical (KWR) Exec Surrenders 372 Shares to Cover Taxes
Rhea-AI Filing Summary
Anna Ransley, Senior Vice President and Chief Digital & Information Officer of Quaker Chemical Corp (KWR), reported a Form 4 disclosing a transaction on 08/15/2025. The filing shows 372 shares of Quaker Chemical common stock were disposed (transaction code F) at a price of $135.4 per share. The filing explains these shares were surrendered to satisfy withholding tax upon vesting of restricted stock granted August 15, 2023 under the company's Long-Term Performance Incentive Plan. After the transaction, Ms. Ransley beneficially owned 1,959 shares directly. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Positive
- Compliance: The reporting person filed Form 4 with a clear explanation and signature, showing timely disclosure of the insider transaction.
- Administrative clarity: The disposition is explicitly stated as share surrender for tax withholding related to vested restricted stock, not an open-market sale.
Negative
- None.
Insights
TL;DR: Routine tax-withholding share surrender by an executive; not a market-moving event.
The Form 4 reports a common, administrative disposition: 372 shares surrendered to cover tax withholding tied to vested restricted stock. The transaction is described as satisfying withholding obligations from a 2023 grant, indicating compensation vesting rather than an open-market sale for cash. The post-transaction direct holding is 1,959 shares, and the reported price is $135.4 per share. From an investor-impact standpoint this is routine and generally neutral, showing compliance with Section 16 filing requirements.
TL;DR: Disclosure is compliant and clarifies the nature of the disposition as tax withholding on vested awards.
The filing clearly states the shares were surrendered to satisfy tax withholding for restricted stock vesting under the Long-Term Performance Incentive Plan. This is a standard mechanism to satisfy employee tax obligations and is appropriately reported with transaction code F. The timely filing (documented signature dated 08/19/2025) and explanatory remark support transparent insider reporting practices.