Xu Ting reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corporation director Xu Ting received a stock grant of 157 shares of common stock as annual compensation for non-employee directors. The shares were issued at no cash cost under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan and are a routine equity award, not an open-market purchase. Following this grant, Xu Ting directly holds a total of 1,086 shares of NewMarket common stock.
NewMarket Corp Chairman, President & CEO Thomas E. Gottwald reported a bona fide gift of 211 shares of NewMarket common stock. This gift was made at a reported price of $0.00 per share and is classified as a non-derivative transaction.
Following the gift, he directly holds 116,424 shares of common stock. The filing also lists several indirect positions, including 143,837 shares held in a 2025 GRAT and 40,198.84 shares held through the NewMarket Savings Plan, along with additional trust and family-related indirect holdings.
NewMarket Corp Chairman, President & CEO Thomas E. Gottwald reported updated holdings in NewMarket common stock. The filing shows a bona fide gift of 1,500 shares, leaving him with 116,635 shares held directly. He also reports indirect interests, including 143,837 shares in a 2025 GRAT and 40,198.84 shares through the NewMarket Savings Plan. Several family trusts for grandchildren now report zero shares after a change in trustees, while other trusts and his spouse continue to hold smaller indirect positions.
Bank of America Corporation filed Amendment No. 12 to a Schedule 13G/A reporting beneficial ownership in NewMarket Corp common stock. The filing shows 21,402 shares beneficially owned, representing 0.2% of the class, based on 9,198,019 shares outstanding as of March 31, 2026. The statement attributes voting and dispositive interests to Bank of America and several wholly owned subsidiaries, and discloses shared voting power of 20,014 and shared dispositive power of 21,356.
NewMarket Corporation reported results of its 2026 Annual Meeting and announced a cash dividend. Shareholders elected seven directors, with each nominee receiving over 7.9 million votes in favor and several hundred thousand additional broker non-votes counted for quorum purposes.
Shareholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026, with 8,415,620 votes for. On an advisory basis, they approved the executive compensation program with 8,002,241 votes for. The Board declared a quarterly dividend of $3.00 per share, payable July 1, 2026, to shareholders of record on June 15, 2026.
NewMarket Corporation reported softer first-quarter 2026 results as revenue and profit declined versus a strong prior year. Net sales were $669.7 million, down from $700.9 million, mainly from lower lubricant additives shipments in the petroleum additives segment.
Net income was $118.1 million compared with $125.9 million, and earnings per share slipped to $12.62 from $13.26. Petroleum additives operating profit was $135.0 million, slightly below $142.1 million, with cost of goods sold at 67.1% of segment sales and a stable operating margin of 22.1%.
The specialty materials segment, which now includes the acquired Calca business, grew sales to $58.1 million but saw operating profit fall to $12.4 million, largely due to an unfavorable shipment mix at AMPAC. Cash flow from operations remained strong at $124.0 million, supporting $31.6 million of capital spending, $125.6 million of share repurchases, and a higher quarterly dividend of $3.00 per share.
NewMarket Corporation reported first quarter 2026 net income of $118.1 million, or $12.62 per share, slightly below the $125.9 million, or $13.26 per share, earned in the first quarter of 2025. Net sales were $669.7 million versus $700.9 million a year earlier.
Petroleum additives net sales were $609.8 million with operating profit of $135.0 million, down from $645.6 million and $142.1 million, mainly due to a 7% shipment decline from softer markets and reduced low‑margin business. Specialty materials sales rose to $58.1 million from $53.7 million, helped by the Calca acquisition, but operating profit declined to $12.4 million from $23.2 million on less favorable mix.
Operating cash flow supported $28.0 million in dividends, $125.6 million of share repurchases (over 200,000 shares), and $24.4 million of capital spending. Net debt was $866.5 million, and rolling four‑quarter EBITDA was $709.7 million, resulting in net debt to EBITDA of 1.2.
NewMarket Corp amendment: The Vanguard Group filed an amended Schedule 13G/A reporting 0 shares beneficially owned and 0% of NewMarket Corp common stock. The filing states Vanguard implemented an internal realignment January 12, 2026, and certain subsidiaries will report separately.
The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.
NewMarket Corporation has called its 2026 annual meeting for April 23, 2026 in Richmond, Virginia, asking shareholders to elect directors, ratify PricewaterhouseCoopers LLP and approve a say-on-pay vote on executive compensation. Shareholders of record on February 24, 2026, when 9,395,455 shares were outstanding, may vote.
The board identifies five independent directors and continues a combined CEO/Chairman structure with a Lead Director. In 2025, company operating profit used for bonuses was about $571 million, and CEO Thomas E. Gottwald received total compensation of $3.69 million, largely performance-based. Major holders include Bank of America at 11.1% and Vanguard at 8.7%.