Form 4: Quaker Chemical Corp Executive Fleck Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey L. Fleck, SVP and Chief GSCO of Quaker Chemical Corp, sold shares to cover withholding tax obligations upon the vesting of restricted stock.
Summary
- On February 27, 2025, Jeffrey L. Fleck, SVP, Chief GSCO of Quaker Chemical Corp, disposed of 369 shares of common stock to satisfy withholding tax obligations.
- The shares were sold at a price of $139.02 per share.
- Following the transaction, Fleck directly owns 2,327 shares of Quaker Chemical Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations on vested stock. These filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2023 | Date of restricted stock grant under the Company's Long-Term Performance Incentive Plan. |
| 02/27/2025 | Date of transaction: sale of shares to cover withholding tax obligation. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.