STEPAN CO — Director's Dealing 2024

Mar 6, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2024-03-04

Reporting Person: Stepan Richard Finn (V.P. and Gen'l. Mgr., Polymers)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-05	Common Stock	G	189	—	Acquired	218436	Direct
2024-03-05	Common Stock	G	189	—	Acquired	5174	Indirect
2024-03-05	Common Stock	G	504	—	Acquired	43439	Indirect
2024-03-05	Common Stock	G	504	—	Acquired	43439	Indirect
2024-03-05	Common Stock	G	504	—	Acquired	43439	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-04	Performance Shares	$	A	2572	Acquired		Common Stock (2572)	Direct
2024-03-04	Restricted Stock Units	$	A	1286	Acquired	2027-03-04	Restricted Stock Units (1286)	Direct
2024-03-04	Stock Appreciation Right	$87.50	A	3513	Acquired	2034-03-04	Common Stock (3513)	Direct

Footnotes

F1: Each performance share represents a contingent right to receive one share of Stepan Company common stock.

F2: The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2026.

F3: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.

F4: Vests ratably over three years beginning on the date shown.