Luis Rojo - Nov 8, 2024 Form 4 Insider Report for STEPAN CO (SCL)

Role
President & CEO, Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Luis Rojo
Stock symbol
SCL
Transactions as of
Nov 8, 2024
Transactions value $
$0
Form type
4
Date filed
11/12/2024, 05:03 PM
Previous filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SCL Common Stock 8.1K Nov 8, 2024 Direct F1
holding SCL Common Stock 452 Nov 8, 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 Award $0 +12.6K $0.00 12.6K Nov 8, 2024 Restricted Stock Units 12.6K Direct F4, F5
transaction SCL Performance Shares Award $0 +6.3K $0.00 6.3K Nov 8, 2024 Common Stock 6.3K Direct F6, F7
transaction SCL Performance Shares Award $0 +6.3K $0.00 6.3K Nov 8, 2024 Common Stock 6.3K Direct F6, F7
holding SCL Share Units 2.33K Nov 8, 2024 Common Stock 2.33K Direct F1, F2, F3
* 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 Share units convert on a one-for-one basis into Common Stock.
F3 Share units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F5 Vests ratably over three years beginning on the date shown.
F6 Each performance share represents a contingent right to receive one share of Stepan Company common stock.
F7 The performance shares vest upon Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.