Jeewat Bijlani - 14 Dec 2023 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Signature
Victoria K. Gehris, Attorney-in-Fact for Jeewat Bijlani
Issuer symbol
KWR
Transactions as of
14 Dec 2023
Net transactions value
-$580,000
Form type
4
Filing time
18 Dec 2023, 16:12:10 UTC
Previous filing
03 Apr 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KWR Common Stock Sale $580,000 -2,900 -36% $200.00 5,099 14 Dec 2023 Direct F1
holding KWR Common Stock 59 14 Dec 2023 By 401(k) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares reported for this transaction was effected pursuant to a Rule 10b5-1 Plan entered into by reporting person on August 31, 2023.
F2 Information based on reporting person's Plan Statement as of September 30, 2023.