Quaker Chemical Corporation

03/17/2026 | Press release | Distributed by Public on 03/17/2026 14:50

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Frodl Andre
2. Issuer Name and Ticker or Trading Symbol
QUAKER CHEMICAL CORP [KWR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, R&D-Metals & Metalworking
(Last) (First) (Middle)
901 E. HECTOR STREET
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
(Street)
CONSHOHOCKEN, PA 19428-2380
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2026 A 72(1) A $ 0 683 D
Common Stock 03/15/2026 M 60 A (2) 743 D
Common Stock 03/15/2026 M 60 A (2) 803 D
Common Stock 03/15/2026 M 93 A (2) 896 D
Common Stock 03/15/2026 M 20 A (2) 916 D
Common Stock 03/15/2026 M 4 A (3) 920 D
Common Stock 03/15/2026 F 149(4) D $118.45 771 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 03/15/2026 M 60 (5) (5) Common Stock 60 $ 0 0 D
Restricted Stock Units (2) 03/15/2026 M 60 (6) (6) Common Stock 60 $ 0 60 D
Restricted Stock Units (2) 03/15/2026 M 93 (7) (7) Common Stock 93 $ 0 187 D
Restricted Stock Units (2) 03/15/2026 M 20 (8) (8) Common Stock 20 $ 0 41 D
Dividend Equivalent Rights (3) 03/15/2026 M 4 (3) 03/15/2026 Common Stock 4 (3) 0 D
Restricted Stock Units (9) 03/15/2026 A 371 (9) (9) Common Stock 371 $ 0 371 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Frodl Andre
901 E. HECTOR STREET
CONSHOHOCKEN, PA 19428-2380
VP, R&D-Metals & Metalworking

Signatures

Victoria K. Gehris, Attorney-in-Fact for Andre Frodl 03/17/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares earned upon vesting and settlement of Performance Stock Units (PSUs) awarded on March 15, 2023, upon certification of performance results by the Compensation and Human Resources Committee based on achievement of the adjusted return on invested capital (ROIC) metric, during the three year performance period.
(2) Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
(3) Dividend equivalent rights (DERs) accrued on reporting person's RSUs granted on March 15, 2023, March 15, 2024, March 15, 2025 and 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 third installment of the 2023 RSU grant, the second installment of the 2024 RSU grant and the first installment of the 2025 RSU grants, each vesting on March 15, 2026. Each DER was the economic equivalent of one share of KWR common stock.
(4) Shares surrendered by reporting person to satisfy withholding tax obligation upon the full or partial vesting of certain RSUs and PSUs previously granted under the Company's Long-Term Performance Incentive Plan.
(5) On March 15, 2023, the reporting person was granted 179 time-based RSUs, vesting in three annual installments beginning on March 15, 2024.
(6) On March 15, 2024, the reporting person was granted 179 time-based RSUs, vesting in three annual installments beginning on March 15, 2025.
(7) On March 15, 2025, the reporting person was granted 280 time-based RSUs, vesting in three annual installments beginning on March 15, 2026.
(8) On October 15, 2025, the reporting person was granted 61 special time-based RSUs, vesting in three annual installments beginning on March 15, 2026.
(9) 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 restricted stock units when and as dividends are paid on KWR common stock.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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