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

Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for David G. Kabbes
Issuer symbol
SCL
Transactions as of
16 Oct 2024
Net transactions value
+$13,521
Form type
4
Filing time
18 Oct 2024, 14:24:27 UTC
Previous filing
15 Aug 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $19,186 +254 +3% $75.54 8,790 16 Oct 2024 By DGK Living Trust F1
transaction SCL Common Stock Tax liability $5,665 -75 -0.85% $75.54 8,715 16 Oct 2024 By DGK Living Trust F2, F3
holding SCL Common Stock 344 16 Oct 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% $0.000000 508 16 Oct 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.