STEPAN CO — Director's Dealing 2024

Nov 8, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2024-10-29

Reporting Person: Hinrichsen Samuel S (VP & Interim CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	189.3615	Direct
Common Stock	317.522	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$		Common Stock (180)		Direct
Restricted Stock Units	$	2024-12-31	Restricted Stock Units (180)		Direct
Stock Appreciation Right	$111.26	2032-02-15	Common Stock (560)		Direct
Restricted Stock Units	$	2026-02-14	Restricted Stock Units (136)		Direct
Stock Appreciation Right	$109.92	2033-02-13	Common Stock (380)		Direct
Performance Shares	$		Common Stock (343)		Direct
Restricted Stock Units	$	2027-03-04	Restricted Stock Units (171)		Direct
Stock Appreciation Right	$87.50	2034-03-03	Common Stock (468)		Direct
Share Units	$		Common Stock (105.94)		Direct

Footnotes

F1: The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2024.

F2: Each performance share represents a contingent right to receive one share of Stepan Company common stock.

F3: Vests ratably over three years beginning on the date shown.

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

F5: The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2026.

F6: Share Units are acquired under the Management Incentive Plan (as amended) ("MIP"), a nonqualified deferred compensation plan that allows participants to elect to defer all or a portion of their annual incentive awards into Stepan Company Common Stock.

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