David Kabbes - Oct 16, 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP GC & Secretary
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for David G. Kabbes
Stock symbol
SCL
Transactions as of
Oct 16, 2024
Transactions value $
$13,521
Form type
4
Date filed
10/18/2024, 02:24 PM
Previous filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $19.2K +254 +2.98% $75.54 8.79K Oct 16, 2024 By DGK Living Trust F1
transaction SCL Common Stock Tax liability -$5.67K -75 -0.85% $75.54 8.71K Oct 16, 2024 By DGK Living Trust F2, F3
holding SCL Common Stock 344 Oct 16, 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 -254 -33.33% $0.00 508 Oct 16, 2024 Restricted Stock Units 254 Direct F4
* 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 restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.