Form 4: Quaker Chemical Corp: Officer Kutz Reports Stock Transactions

Jeffrey Kutz, VP and Chief Accounting Officer of Quaker Chemical Corp, reports the vesting and disposal of restricted stock units to cover tax obligations.

Summary

• On March 15, 2025, Jeffrey Kutz, VP, Chief Accounting Officer of Quaker Chemical Corp, reported transactions involving common stock and restricted stock units.
• Kutz acquired 109 shares of common stock through the vesting of restricted stock units.
• He also acquired 1 share of common stock through the settlement of dividend equivalent rights.
• 31 shares were disposed of to satisfy withholding tax obligations at a price of $128.47 per share.
• Following these transactions, Kutz directly owns 453 shares of common stock.
• Additionally, Kutz was granted 513 time-based restricted stock units that vest in three annual installments beginning March 15, 2026.
• After the reported transactions, Kutz holds 220 restricted stock units and 513 new restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation, with no indication of unusual or concerning activity.

Positives

• The vesting of restricted stock units and dividend equivalent rights resulted in the acquisition of common stock by the reporting person.

Negatives

• The disposal of shares to cover tax obligations resulted in a decrease in the reporting person's holdings.

Future Outlook

The reporting person will continue to receive shares as the restricted stock units vest in the future.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units to align management's interests with those of shareholders.
• The vesting schedules and terms of these units are generally comparable to those offered by peer companies in the chemical industry.
• Companies like Dow, BASF, and LyondellBasell also utilize similar equity-based compensation plans for their executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not significantly alter the company's financial position.

Key Dates