Form 4: NewMarket Corp Director Receives Annual Stock Grant

NewMarket Corp director Lowell S. Ukrop received an annual grant of 144 common shares, increasing his direct beneficial ownership to 337 shares.

Summary

• Lowell S. Ukrop, a director of NewMarket Corp (NEU), acquired 144 shares of common stock.
• The transaction occurred on July 1, 2025, and represents an annual stock grant to non-employee directors.
• The shares were issued under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan.
• The acquisition price per share was $0, indicating a grant rather than a purchase.
• Following this transaction, Lowell S. Ukrop's direct beneficial ownership of NewMarket Corp common stock totals 337 shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it reflects a routine compensation practice that aligns director interests with shareholders, indicating stable corporate governance and compensation policies.

Positives

• The stock grant aligns the interests of Director Lowell S. Ukrop with those of NewMarket Corp shareholders, as his compensation is tied to the company's equity performance.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

The granting of stock to non-employee directors is a standard practice across various industries, including the chemicals sector where NewMarket Corp operates, serving as a common method of compensation and aligning director interests with long-term company performance.

Comparison to Industry Standards

• The practice of granting stock to non-employee directors is a widely accepted corporate governance standard, comparable to compensation structures seen in companies like ExxonMobil, Chevron, or other specialty chemical firms, where equity awards are used to incentivize long-term commitment and align interests with shareholders.

Related Party Transactions

• Annual stock grant of 144 common shares to Lowell S. Ukrop, a non-employee director, under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with shareholder value, potentially fostering better long-term decision-making.

Key Dates

Keywords

NewMarket Corp, NEU, Form 4, Insider Transaction, Stock Grant, Director Compensation, Equity Compensation, SEC Filing