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STEPAN CO — Director's Dealing 2024
Mar 7, 2024
32175_dirs_2024-03-07_bff3ee95-09e3-4b0b-b4f1-92c0296d0f3a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2023-02-02
Reporting Person: STEPAN F QUINN JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-02 | Common Stock | M | 1130.25 | — | Acquired | 5233.25 | Indirect |
| 2023-02-02 | Common Stock | F | 474.14 | $112.91 | Disposed | 4759.11 | Indirect |
| 2024-03-05 | Common Stock | G | 8109 | — | Disposed | 0 | Indirect |
| 2024-03-05 | Common Stock | G | 4932 | — | Disposed | 17217 | Indirect |
| 2024-03-05 | Common Stock | G | 189 | — | Disposed | 17028 | Indirect |
| 2024-03-05 | Common Stock | G | 189 | — | Acquired | 1017 | Indirect |
| 2024-03-05 | Common Stock | S | 1000 | $87.485 | Disposed | 254567.69 | Direct |
| 2024-03-06 | Common Stock | S | 2000 | $86.577 | Disposed | 252567.69 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Indirect |
Footnotes
F1: Since the date of the reporting person's last ownership report, the reporting person received a distribution of .411 shares held in his ESOP account pursuant to the terms of the ESOP, and those shares are now owned directly.
F2: Each share unit was the economic equivalent of one share of Stepan Company common stock. On February 2, 2023, 1,130.25 of the reporting person's father's share units were settled for an equal number of shares of Stepan Company common stock.
F3: Reflects an upward adjustment by 635.432 shares. These shares were not included in the initial report of the reporting person's father's shares of Stepan Company common stock when the reporting person was appointed attorney-in-fact with respect to such shares.
F4: 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 $86.22 to $87.20, 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.