David Kabbes - 14 Feb 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP GC & Secretary
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for David G. Kabbes
Issuer symbol
SCL
Transactions as of
14 Feb 2025
Net transactions value
+$18,543
Form type
4
Filing time
19 Feb 2025, 21:06:16 UTC
Previous filing
18 Oct 2024
Next filing
25 Feb 2025
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 $28,408 +455 +4.7% $62.44 10,226 14 Feb 2025 By DGK Living Trust
transaction SCL Common Stock Tax liability $9,865 -158 -1.5% $62.44 10,068 14 Feb 2025 By DGK Living Trust
transaction SCL Common Stock Options Exercise +1,937 +19% 12,005 18 Feb 2025 By DGK Living Trust F1, F2, F3
holding SCL Common Stock 344 14 Feb 2025 By ESOP II Trust F2
holding SCL Common Stock 0 14 Feb 2025 By Spouse 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 -455 -50% $0.000000 455 14 Feb 2025 Restricted Stock Units 455 Direct F4, F5
transaction SCL Performance Shares Options Exercise -2,157 -100% 0 18 Feb 2025 Common Stock 2,157 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vested upon the certification of Stepan Company achieving certain performance goals for the performance period ended December 31, 2024.
F2 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F3 Reflects a transfer of 1056 shares from the reporting person's spouse's account to the reporting person's account.
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.