Traub Robert T. - 15 Mar 2025 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role: SVP, GC & Corp. Sec.
Signature: Victoria K. Gehris, Attorney-in-Fact for Robert T. Traub
Issuer symbol: KWR
Transactions as of: 15 Mar 2025
Net transactions value: -$41,367
Form type: 4
Filing time: 18 Mar 2025, 18:25:49 UTC
Previous filing: 19 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KWR	Common Stock	Tax liability	$11,948	-93	-3.1%	$128.47	2,874	15 Mar 2025	Direct	F1
transaction	KWR	Common Stock	Options Exercise		+343	+12%		3,217	15 Mar 2025	Direct	F2
transaction	KWR	Common Stock	Exercise of in-the-money or at-the-money derivative security		+3	+0.09%		3,220	15 Mar 2025	Direct	F3
transaction	KWR	Common Stock	Tax liability	$10,920	-85	-2.6%	$128.47	3,135	15 Mar 2025	Direct	F4
transaction	KWR	Common Stock	Tax liability	$18,500	-144	-4.6%	$128.47	2,991	15 Mar 2025	Direct	F5
holding	KWR	Common Stock						1,241	15 Mar 2025	By 401(k)	F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KWR	Restricted Stock Units	Options Exercise	$0	-343	-33%	$0.000000	686	15 Mar 2025	Common Stock	343		Direct	F2, F7
transaction	KWR	Dividend Equivalent Rights	Exercise of in-the-money or at-the-money derivative security		-3	-100%		0	15 Mar 2025	Common Stock	3		Direct	F3
transaction	KWR	Restricted Stock Units	Award	$0	+1,603		$0.000000	1,603	15 Mar 2025	Common Stock	1,603		Direct	F8, F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares surrendered by reporting person to satisfy withholding tax obligation upon partial vesting of restricted stock granted on March 15, 2023 under the Company's Long-Term Performance Incentive Plan.
F2	Restricted stock units convert into common stock on a one-for-one basis.
F3	Settlement of dividend equivalent rights in connection with vesting of restricted stock unit. The rights accrued when and as dividends were paid on KWR common stock. Each dividend equivalent right was the economic equivalent of one share of KWR common stock.
F4	Shares surrendered by reporting person to satisfy withholding tax obligation upon partial vesting of restricted stock granted on March 15, 2024 under the Company's Long-Term Performance Incentive Plan.
F5	Shares surrendered by reporting person to satisfy withholding tax obligation upon vesting of restricted stock granted on March 16, 2022 under the Company's Long-Term Performance Incentive Plan.
F6	Information based on reporting person's Plan Statement as of December 31, 2024.
F7	On March 15, 2024, the reporting person was granted 1,029 time-based restricted stock units, vesting in three equal installments beginning on March 15, 2025.
F8	Time-based restricted stock units granted under the Company's Long-Term Performance Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of KWR common stock.
F9	The restricted stock units vest in three annual installments beginning on March 15, 2026. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on KWR's common stock.