STEPAN CO — Director's Dealing 2024

Nov 12, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2024-11-08

Reporting Person: Rojo Luis (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-08	Restricted Stock Units	$	A	12609	Acquired	2027-12-31	Restricted Stock Units (12609)	Direct
2024-11-08	Performance Shares	$	A	6304	Acquired		Common Stock (6304)	Direct
2024-11-08	Performance Shares	$	A	6304	Acquired		Common Stock (6304)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8095.31	Direct
Common Stock	452.048	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Share Units	$		Common Stock (2329.19)	2329.19	Direct

Footnotes

F1: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.

F2: Share units convert on a one-for-one basis into Common Stock.

F3: 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.

F4: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.

F5: Vests ratably over three years beginning on the date shown.

F6: Each performance share represents a contingent right to receive one share of Stepan Company common stock.

F7: The performance shares vest upon Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.