Mr. Richard Stepan - 14 Feb 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
V.P. and Gen'l. Mgr., Polymers
Signature
/s/ Stephanie Jane Pacitti, attorney-in-fact for Richard F. Stepan
Issuer symbol
SCL
Transactions as of
14 Feb 2025
Net transactions value
+$13,923
Form type
4
Filing time
19 Feb 2025, 21:52:39 UTC
Previous filing
11 Mar 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 $21,290 +341 +0.16% $62.44 218,450 14 Feb 2025 Direct F1
transaction SCL Common Stock Tax liability $7,367 -118 -0.05% $62.44 218,332 14 Feb 2025 Direct F2
transaction SCL Common Stock Options Exercise +1,453 +0.67% 219,785 18 Feb 2025 Direct F3
holding SCL Common Stock 43,439 14 Feb 2025 By Daughter
holding SCL Common Stock 43,439 14 Feb 2025 By Daughter
holding SCL Common Stock 43,439 14 Feb 2025 By Son
holding SCL Common Stock 5,174 14 Feb 2025 By Spouse
holding SCL Common Stock 92,967 14 Feb 2025 By Trust
holding SCL Common Stock 1,181 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 -341 -50% $0.000000 341 14 Feb 2025 Restricted Stock Units 341 Direct F5, F6
transaction SCL Performance Shares Options Exercise -1,618 -100% 0 18 Feb 2025 Common Stock 1,618 Direct F3
* 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 Each restrited stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F6 Vests ratably over three years beginning on the date shown.