Form 4: Quaker Chemical Corp Executive Reports Stock Transactions
SEC Form 4
Robert T. Traub, SVP, GC & Corp. Sec. of Quaker Chemical Corp, reports transactions involving common stock and restricted stock units, including vesting and tax obligation fulfillment.
Summary
- On March 15, 2025, Robert T. Traub, SVP, GC & Corp. Sec. of Quaker Chemical Corp, reported several transactions.
- These transactions included the surrender of shares to cover withholding tax obligations related to vesting restricted stock units at a price of $128.47 per share.
- Traub also acquired 343 shares of common stock upon the conversion of restricted stock units.
- Additionally, dividend equivalent rights were settled in connection with the vesting of restricted stock units.
- Traub was granted 1,603 time-based restricted stock units that vest in three annual installments beginning March 15, 2026.
- Following these transactions, Traub directly owns 3,135 shares of common stock and indirectly owns 1,241 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person was granted 1,603 time-based restricted stock units, vesting in three annual installments beginning on March 15, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/16/2022 | Date of restricted stock grant related to tax obligation fulfillment. |
| 03/15/2023 | Date of restricted stock grant related to tax obligation fulfillment. |
| 03/15/2024 | Date of restricted stock grant related to tax obligation fulfillment and grant of 1,029 time-based restricted stock units. |
| 12/31/2024 | Date of reporting person's Plan Statement for 401(k) information. |
| 03/15/2025 | Date of transactions including vesting of restricted stock units, tax obligation fulfillment, and settlement of dividend equivalent rights. |
| 03/15/2026 | Start date for vesting of 1,603 restricted stock units in three annual installments. |
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