Luis Rojo - 03 Mar 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
03 Mar 2025
Net transactions value
+$34,651
Form type
4
Filing time
05 Mar 2025, 11:31:45 UTC
Previous filing
25 Feb 2025
Next filing
17 Mar 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 $49,085 +857 +7.7% $57.28 12,002 04 Mar 2025 Direct F1
transaction SCL Common Stock Tax liability $14,433 -252 -2.1% $57.28 11,750 04 Mar 2025 Direct F2
holding SCL Common Stock 512 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 Performance Shares Award $0 +26,729 $0.000000 26,729 03 Mar 2025 Common Stock 26,729 Direct F5, F6
transaction SCL Restricted Stock Units Award $0 +13,365 $0.000000 13,365 03 Mar 2025 Common Stock 13,365 Direct F7, F8
transaction SCL Stock Appreciation Right Award $0 +37,736 $0.000000 37,736 03 Mar 2025 Common Stock 37,736 $59.86 Direct F8
transaction SCL Restricted Stock Units Options Exercise $0 -857 -33% $0.000000 1,715 04 Mar 2025 Restricted Stock Units 857 Direct F1, F7, F8
holding SCL Share Units 2,329 03 Mar 2025 Common Stock 2,329 Direct 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 Share units convert on a one-for-one basis into Common Stock.
F4 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.
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.
F7 Each RSU represents a contingent right to receive one share of Stepan Company common stock.
F8 Vest ratably over three years beginning on the date shown.