STEPAN CO - Director's Dealing 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2006-12-31

Reporting Person: Servatius Gregory (Vice President Human Resources)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-03	Common Stock	P	3.637	$27.50	Acquired	8801.3047	Direct
2006-01-17	Common Stock	P	3.785	$26.42	Acquired	8805.0897	Direct
2006-02-07	Common Stock	P	3.817	$26.20	Acquired	8808.9067	Direct
2006-02-24	Common Stock	P	3.705	$26.99	Acquired	8812.6117	Direct
2006-03-07	Common Stock	P	3.936	$25.41	Acquired	8816.5477	Direct
2006-03-21	Common Stock	P	3.825	$26.14	Acquired	8820.3727	Direct
2006-04-04	Common Stock	P	13.793	$29.00	Acquired	8834.1657	Direct
2006-04-18	Common Stock	P	14.493	$27.60	Acquired	8848.6587	Direct
2006-05-02	Common Stock	P	13.008	$30.75	Acquired	8861.6667	Direct
2006-05-23	Common Stock	P	12.802	$31.24	Acquired	8874.4687	Direct
2006-06-06	Common Stock	P	12.899	$31.01	Acquired	8887.3677	Direct
2006-06-20	Common Stock	P	12.698	$31.50	Acquired	8900.0657	Direct
2006-07-05	Common Stock	P	12.308	$32.50	Acquired	8912.3737	Direct
2006-07-18	Common Stock	P	12.995	$30.78	Acquired	8925.3687	Direct
2006-08-08	Common Stock	P	13.383	$29.89	Acquired	8938.7517	Direct
2006-08-22	Common Stock	P	13.414	$29.82	Acquired	8952.1657	Direct
2006-09-05	Common Stock	P	13.219	$30.26	Acquired	8965.3847	Direct
2006-09-19	Common Stock	P	13.123	$30.48	Acquired	8978.5077	Direct
2006-10-03	Common Stock	P	13.923	$28.73	Acquired	8992.4307	Direct
2006-10-17	Common Stock	P	13.093	$30.55	Acquired	9005.5237	Direct
2006-11-07	Common Stock	P	13.364	$29.93	Acquired	9018.8877	Direct
2006-11-21	Common Stock	P	13.378	$29.90	Acquired	9032.2657	Direct

F1: Purchases made under an employee purchase plan.