F. Quinn Stepan Jr - Mar 6, 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
Director
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for F. Quinn Stepan, Jr.
Stock symbol
SCL
Transactions as of
Mar 6, 2025
Transactions value $
$0
Form type
4
Date filed
3/10/2025, 04:34 PM
Previous filing
Mar 3, 2025
Next filing
May 14, 2025

Transactions Table

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 Share Units Options Exercise -49.2K -51.91% 45.5K Mar 6, 2025 Common Stock 49.2K By Father's Deferred MIP F3, F4, F5, F6, F7
transaction SCL Share Units Options Exercise -2.38K -5.21% 43.2K Mar 10, 2025 Common Stock 2.38K By Father's Deferred MIP F3, F4, F5, F6, F8
holding SCL Share Units 63.4K Mar 6, 2025 Common Stock 63.4K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Joint Tenancy with Spouse.
F2 The reporting person disclaims beneficial ownership of these securities, except to extent of any pecuniary interest in the shares.
F3 Shares held by an estate of which the reporting person serves as executor.
F4 Share Units are acquired under the Management Incentive Plan ("MIP"), a nonqualified deferred compensation plan that allows participants to defer all or a portion of their annual incentive awards.
F5 Share Units convert on a one-for-one basis into Common Stock.
F6 Share Units are generally payable at end of employment, unless otherwise elected.
F7 Each share unit was the economic equivalent of one share of Stepan Company common stock. On March 6, 2025, 49,154.253 share units were settled in cash.
F8 Each share unit was the economic equivalent of one share of Stepan Company common stock. On March 10, 2025, 2,375.041 share units were settled for an equal number of shares of Stepan Company common stock and distributed to beneficiaries, including 339.292 shares distributed to the reporting person.