Sharon Purnell - 03 Mar 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP & CHRO
Signature
Stephanie J. Pacitti, attorney-in-fact for Sharon Purnell
Issuer symbol
SCL
Transactions as of
03 Mar 2025
Net transactions value
+$10,997
Form type
4
Filing time
05 Mar 2025, 11:01:39 UTC
Previous filing
25 Feb 2025
Next filing
21 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $16,323 +285 +2403% $57.28 297 04 Mar 2025 Direct F1
transaction SCL Common Stock Tax liability $5,327 -93 -31% $57.28 204 04 Mar 2025 Direct F2
holding SCL Common Stock 68 03 Mar 2025 By ESOP II Trust

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 +3,132 $0.000000 3,132 03 Mar 2025 Common Stock 3,132 Direct F3, F4
transaction SCL Performance Shares Award $0 +1,566 $0.000000 1,566 03 Mar 2025 Common Stock 1,566 Direct F5, F6
transaction SCL Stock Appreciation Right Award $0 +4,422 $0.000000 4,422 03 Mar 2025 Common Stock 4,422 $59.86 Direct F4
transaction SCL Restricted Stock Awards Options Exercise $0 -285 -33% $0.000000 572 04 Mar 2025 Common Stock 285 Direct F1, F3, 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 Each RSU represents a contingent right to receive one share of Stepan Company common stock.
F4 Vest ratably over three years beginning on the date shown.
F5 Each performance share represents a contingent right to receive one share of Stepan Company common stock.
F6 The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.