STEPAN CO — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2021-12-08

Reporting Person: Stefaniak Debra (VP, Business Enablement)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-07	Common Stock	S	1501	$121.838	Disposed	6663.196	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	512.863	Indirect

Footnotes

F1: The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $121.65 to $122.14, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.

F2: Since the date of the reporting person's last ownership report, the reporting person has disposed of 699.996 shares held in her ESOP pursuant to a diversification election made under the Internal Revenue Code.

F3: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.