Jason Scott Keiper - 14 Feb 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP & Chief Tech & Sust Officer
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Jason Scott Keiper
Issuer symbol
SCL
Transactions as of
14 Feb 2024
Net transactions value
+$15,402
Form type
4
Filing time
16 Feb 2024, 16:01:36 UTC
Previous filing
07 Mar 2023
Next filing
20 Feb 2024
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 $23,593 +265 +4.5% $89.03 6,161 14 Feb 2024 Direct F2
transaction SCL Common Stock Tax liability $8,191 -92 -1.5% $89.03 6,069 14 Feb 2024 Direct F1, F3, F4
holding SCL Common Stock 298 14 Feb 2024 By ESOP II Trust 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 Restricted Stock Units Options Exercise $0 -265 -33% $0.000000 531 14 Feb 2024 Restricted Stock Units 265 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F2 The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.
F3 Withholding of shares to satisfy tax liability on the vesting of RSUs.
F4 Includes exempt acquisitions under Rule 16b-3(c) and Rule 16b-3(d) since the date of the reporting person's last report.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F6 Vests ratably over three years beginning on the date shown.