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: Behrens Scott R. (Director, President & CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-04	Performance Shares	$	A	18287	Acquired		Common Stock (18287)	Direct
2024-03-04	Stock Appreciation Right	$87.50	A	24984	Acquired	2034-03-04	Common Stock (24984)	Direct
2024-03-04	Restricted Stock Units	$	A	9143	Acquired	2027-03-04	Restricted Stock Units (9143)	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: 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.