Form 4: Quaker Chemical Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Kristin Rokosky, SVP, CHRO of Quaker Chemical Corp, reports transactions involving common stock and restricted stock units, including acquisitions, disposals, and vesting.
Summary
- On March 15, 2025, Kristin Rokosky, SVP, CHRO of Quaker Chemical Corp, reported transactions involving the company's stock.
- These transactions included the surrender of shares to cover withholding tax obligations upon the vesting of restricted stock and restricted stock units.
- Rokosky also acquired shares through the conversion of restricted stock units into common stock.
- Specifically, 22 shares were surrendered at a price of $128.47, 74 shares were acquired, 25 shares were surrendered at a price of $128.47, 42 shares were acquired, and 12 shares were surrendered at a price of $128.47.
- Following these transactions, Rokosky directly owns 479 shares of common stock.
- Additionally, Rokosky was granted 1,089 time-based restricted stock units that vest in three annual installments beginning March 15, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. There is no indication of positive or negative sentiment regarding the company's performance or future prospects.
Positives
- The granting of restricted stock units aligns executive compensation with the company's long-term performance.
Future Outlook
The reporting person will receive shares of KWR common stock as the restricted stock units vest over the next few years.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units that vest over time, aligning executive interests with long-term shareholder value.
- Companies like Ecolab and Sherwin-Williams also use similar equity-based compensation plans for their executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | Date of restricted stock grant under the Company's Long-Term Performance Incentive Plan. |
| 03/15/2024 | Date of restricted stock units grant under the Company's Long-Term Performance Incentive Plan; also the date the reporting person was granted 224 time-based restricted stock units, vesting in three annual installments beginning on March 15, 2025. |
| 09/15/2024 | Date of special time-based restricted stock units grant under the Company's Long-Term Performance Incentive Plan. |
| 03/15/2025 | Date of reported transactions; also the vesting start date for 224 time-based restricted stock units granted on March 15, 2024. |
| 03/15/2026 | Vesting start date for 1,089 time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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