Edward J. Wehmer - 09 Apr 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role
Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-fact for Edward J. Wehmer
Issuer symbol
SCL
Transactions as of
09 Apr 2024
Net transactions value
$0
Form type
4
Filing time
11 Apr 2024, 17:50:09 UTC
Previous filing
02 Apr 2024
Next filing
14 May 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 +792 +17% 5,584 09 Apr 2024 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 Stock Awards Options Exercise -792 -5.5% 13,549 09 Apr 2024 Common Stock 792 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 9, 2024, 792 of the reporting person's deferred stock awards were settled for an equal number of shares of Stepan Company common stock.
F2 Each Stock Award represents the right to receive one share of issuer common stock.
F3 Stock Awards are payable in shares pursuant to the director's election either following separation from service or after a specified age.
F4 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.