Johnson Christine Procopio 4
4 · QUAKER CHEMICAL CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Quaker Chemical (KWR) SVP Christine Johnson Receives RSU Award
What Happened
- Christine Procopio Johnson, Senior Vice President and Chief Technology Officer of Quaker Chemical Corp (KWR), had compensation-related equity activity on March 15, 2026. The Form 4 reports a grant/award of 1,013 restricted stock units (RSUs) (no cash price) and the settlement/conversion of dividend equivalent rights and vested RSUs into shares. To cover withholding tax on the partial vesting, 111 shares were surrendered at $118.45 per share, totaling $13,148.
Key Details
- Transaction date: March 15, 2026; Form filed March 17, 2026.
- Awards/acquisitions: 1,013 RSUs granted (reported as $0.00 per share, award A).
- Conversions/settlements: dividend equivalent rights and RSU installments were converted/settled into shares (reported as derivative exercises/conversions).
- Tax withholding: 111 shares surrendered to satisfy withholding at $118.45/share = $13,148 (reported as disposition F).
- Shares owned after the transactions: not specified in the information provided on this Form 4.
- Footnotes: RSUs convert 1-for-1 to common shares; DERs accrued on Oct 15, 2025 RSU grant and were settled with the first vesting installment on Mar 15, 2026; 913 of the Oct 15, 2025 RSUs vest in three annual installments beginning Mar 15, 2026; additional time‑based RSUs vest beginning Mar 15, 2027.
Context
- This activity appears to be routine, compensation-related (vesting/settlement of RSUs and dividend equivalents) rather than an open-market purchase or voluntary sale. The surrender of shares to cover taxes is a common cashless/withholding practice and does not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Johnson Christine Procopio
SVP, CTO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+304→ 304 total - Exercise/Conversion
Common Stock
[F2]2026-03-15+2→ 306 total - Tax Payment
Common Stock
[F3]2026-03-15$118.45/sh−111$13,148→ 195 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-15−304→ 609 total→ Common Stock (304 underlying) - Exercise/Conversion
Dividend Equivalent Rights
[F2]2026-03-15−2→ 0 totalExp: 2026-03-15→ Common Stock (2 underlying) - Award
Restricted Stock Units
[F5]2026-03-15+1,013→ 1,013 total→ Common Stock (1,013 underlying)
Footnotes (5)
- [F1]Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
- [F2]Dividend equivalent rights (DERs) accrued on the reporting person's RSUs granted on October 15, 2025. The rights accrued when and as dividends were paid on KWR common stock. This Form 4 reports the settlement of DERs in connection with the first installment of the 2025 RSU grant, which vests on March 15, 2026. Each DER was the economic equivalent of one share of KWR common stock.
- [F3]Shares surrendered by reporting person to satisfy withholding tax obligation upon partial vesting of RSUs granted on October 15, 2025 under the Company's Long-Term Performance Incentive Plan.
- [F4]On October 15, 2025, the reporting person was granted 913 time-based RSUs, vesting in three annual installments beginning on March 15, 2026.
- [F5]Time-based RSUs granted under the Company's Long-Term Performance Incentive Plan, which will vest in three annual installments beginning on March 15, 2027. Each RSU represents a contingent right to receive one share of KWR common stock and DERs accrue with respect to these RSUs when and as dividends are paid on KWR common stock.
Signature
Victoria K. Gehris, Attorney-in-Fact for Christine Procopio Johnson|2026-03-17