STEPAN CO — Director's Dealing 2022

Nov 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2022-08-26

Reporting Person: STEPAN F QUINN JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-26	Common Stock	G	132	—	Disposed	15527	Indirect
2022-08-26	Common Stock	G	132	—	Acquired	372	Indirect
2022-08-26	Common Stock	G	1104	—	Disposed	14423	Indirect
2022-08-26	Common Stock	G	1104	—	Acquired	18568	Indirect
2022-08-26	Common Stock	G	10320	—	Disposed	4103	Indirect
2022-11-11	Common Stock	S	5308	$110.00	Disposed	64869	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200967.194	Direct
Common Stock	0	Indirect
Common Stock	25304	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Share Units	$		Common Stock (104217.423)	104217.423	Direct

Footnotes

F1: The reporting person was appointed attorney-in-fact with respect to his father's shares of Stepan Company common stock on May 10, 2022. The reporting person disclaims beneficial ownership of the Stepan Company common stock held by his father.

F2: Joint Tenancy with Spouse.

F3: Since the date of the reporting person's last ownership report, the reporting person received a distribution of 11,956.752 shares held in his ESOP account pursuant to the terms of the ESOP, and those shares are now owned directly.

F4: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.

F5: The reporting person was appointed trustee of the trust on June 17, 2022. A member of the reporting person's immediate family is beneficiary of the trust. The reporting person disclaims beneficial ownership of the Stepan Company common stock held by the trust.

F6: 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.

F7: Share Units convert on a one-for-one basis into Common Stock.

F8: Reflects acquisition of Share Units under the MIP, generally payable at end of employment, unless otherwise elected.