other material
confidence high
sentiment neutral
materiality 0.45
Quaker Chemical awards 5,565 RSUs to CFO Tom Coler and 4,255 RSUs to CSO Jeewat Bijlani
QUAKER CHEMICAL CORP
- Target RSU awards: Tom Coler (CFO) 5,565 RSUs, Jeewat Bijlani (CSO) 4,255 RSUs.
- Awards are time-based RSUs with performance modifier based on relative TSR vs S&P 1500 Chemicals Index over 3 years (Dec 2024-Dec 2027).
- Vesting at 75%-125% of target depending on TSR percentile rank (≤25th percentile => -25%, ≥75th percentile => +25%).
- Vesting contingent on continued employment through Dec 15, 2027, with prorated vesting for death, disability, or termination without cause.
- Dividend equivalents credited as additional RSUs during vesting period.