STEPAN CO — Director's Dealing 2023

Mar 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2023-03-14

Reporting Person: STEPAN F QUINN JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-14	Common Stock	G	156	—	Disposed	20467	Indirect
2023-03-14	Common Stock	G	156	—	Acquired	828	Indirect
2023-03-14	Common Stock	G	1428	—	Disposed	19039	Indirect
2023-03-14	Common Stock	G	1428	—	Acquired	19996	Indirect
2023-03-14	Common Stock	G	12936	—	Disposed	6103	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	245588.864	Direct
Common Stock	65547	Direct
Common Stock	8784	Indirect
Common Stock	90.655	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Share Units	$		Common Stock (90941.798)	90941.798	Direct

Footnotes

F1: Reflects an upward adjustment by the following amount due to clerical error in reporting previous family gifts: 17,424.357 shares (direct holding), 5,587 shares (joint tenancy with spouse) and 300 shares (spouse's holding).

F2: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.

F3: Joint Tenancy with Spouse.

F4: Reflects a transfer from the reporting person's father's trust to the reporting person's father's direct holdings prior to the reported gifts.

F5: 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.

F6: Share Units convert on a one-for-one basis into Common Stock.

F7: Share Units are generally payable at end of employment, unless otherwise elected.