Robert Joseph Haire - 01 May 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role: EVP, Supply Chain
Signature: /s/ Stephanie J. Pacitti, attorney-in-fact for Robert Haire
Issuer symbol: SCL
Transactions as of: 01 May 2024
Net transactions value: +$30,946
Form type: 4
Filing time: 03 May 2024, 14:22:57 UTC
Previous filing: 06 Mar 2024
Next filing: 12 Nov 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	$46,293	+549		$84.32	549	01 May 2024	Direct	F1
transaction	SCL	Common Stock	Tax liability	$15,347	-182	-33%	$84.32	367	01 May 2024	Direct	F2
holding	SCL	Common Stock						32	01 May 2024	By ESOP II Trust	F3

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	-549	-33%	$0.000000	1,100	01 May 2024	Restricted Stock Units	549		Direct	F4, F5

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

Explanation of Responses:

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