STEPAN CO — Director's Dealing 2025

Mar 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2025-03-03

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
2025-03-04	Common Stock	M	428	$57.275	Acquired	220563	Direct
2025-03-04	Common Stock	F	131	$57.275	Disposed	220432	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-03	Performance Shares	$	A	1879	Acquired		Common Stock (1879)	Direct
2025-03-03	Restricted Stock Units	$	A	3759	Acquired	2028-03-03	Common Stock (3759)	Direct
2025-03-03	Stock Appreciation Right	$59.86	A	5307	Acquired	2035-03-03	Common Stock (5307)	Direct
2025-03-04	Restricted Stock Units	$	M	428	Disposed	2027-03-04	Restricted Stock Units (428)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43439	Indirect
Common Stock	43439	Indirect
Common Stock	43439	Indirect
Common Stock	5174	Indirect
Common Stock	92967	Indirect
Common Stock	1238.22	Indirect

Footnotes

F1: The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.

F2: Withholding of shares to satisfy tax liability on the vesting of RSUs.

F3: Each performance share represents a contingent right to receive one share of Stepan Company common stock.

F4: The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.

F5: Each RSU represents a contingent right to receive one share of Stepan Company common stock.

F6: Vest ratably over three years beginning on the date shown.