Luis Rojo - 14 Feb 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role: President & CEO, Director
Signature: /s/ Stephanie J. Pacitti, Attorney-in-Fact for Luis Rojo
Issuer symbol: SCL
Transactions as of: 14 Feb 2025
Net transactions value: +$27,846
Form type: 4
Filing time: 19 Feb 2025, 21:46:50 UTC
Previous filing: 12 Nov 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	$42,581	+682	+8.4%	$62.44	8,798	14 Feb 2025	Direct	F1
transaction	SCL	Common Stock	Tax liability	$14,735	-236	-2.7%	$62.44	8,562	14 Feb 2025	Direct	F2
transaction	SCL	Common Stock	Options Exercise		+2,583	+30%		11,145	18 Feb 2025	Direct	F3, F4
holding	SCL	Common Stock						454	14 Feb 2025	By Esop II Trust	F4

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	-682	-50%	$0.000000	683	14 Feb 2025	Restricted Stock Units	682		Direct	F7, F8
transaction	SCL	Performance Shares	Options Exercise		-2,876	-100%		0	18 Feb 2025	Common Stock	2,876		Direct	F3
holding	SCL	Share Units						2,329	14 Feb 2025	Common Stock	2,329		Direct	F4, F5, F6

* 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	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.
F4	Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F5	Share units convert on a one-for-one basis into Common Stock.
F6	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.
F7	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F8	Vests ratably over three years beginning on the date shown.