Gulf Hungary Holding Korlatolt Felelossegu Tarsasag - 01 Dec 2023 Form 4 Insider Report for QUAKER CHEMICAL CORP (KWR)

Role: 10%+ Owner
Signature: /s/ Judit Rozsa, Managing Director, on behalf of the Reporting Person
Issuer symbol: KWR
Transactions as of: 01 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 05 Dec 2023, 14:11:28 UTC
Previous filing: 27 Nov 2023
Next filing: 24 May 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	Sale		-17,737	-78%		5,017	01 Dec 2023	Direct	F1, F2
transaction	KWR	Common Stock	Purchase		+17,737	+0.44%		4,010,114	01 Dec 2023	By QH Hungary Holdings Limited	F1

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

Explanation of Responses:

Id	Content
F1	Contribution by the Reporting Person to QH Hungary Holdings Limited, a wholly owned subsidiary of the Reporting Person.
F2	These shares are beneficially owned by the Reporting Person but held in the name of Citibank N.A. pursuant to an escrow agreement in order to secure the Reporting Person's indemnification obligations related to the Issuer's acquisition of Global Houghton Ltd.