Arthur W. Mergner - 27 Feb 2023 Form 4 Insider Report for STEPAN CO (SCL)

Role: Exec VP, Supply Chain
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for Arthur W. Mergner
Issuer symbol: SCL
Transactions as of: 27 Feb 2023
Net transactions value: -$245,120
Form type: 4
Filing time: 01 Mar 2023, 14:57:33 UTC
Previous filing: 21 Feb 2023
Next filing: 24 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCL	Common Stock	Options Exercise	$158,507	+3,851	+14%	$41.16	31,278	27 Feb 2023	Direct
transaction	SCL	Common Stock	Sale	$403,627	-3,851	-12%	$104.81	27,427	27 Feb 2023	Direct	F1

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	SCL	Employee Stock Option (Right to Buy)	Options Exercise	$0	-3,851	-100%	$0.000000^*	0	27 Feb 2023	Common Stock	3,851	$41.16	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $104.66 to $105.305, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.