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STEPAN CO — Director's Dealing 2025
Mar 5, 2025
32175_dirs_2025-03-05_eefb5776-b0cc-41a4-a94c-5fe5c7a3140c.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: 2025-03-03
Reporting Person: Rojo Luis (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-04 | Common Stock | M | 857 | $57.275 | Acquired | 12001.901 | Direct |
| 2025-03-04 | Common Stock | F | 252 | $57.275 | Disposed | 11749.901 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-03 | Performance Shares | $ | A | 26729 | Acquired | Common Stock (26729) | Direct | |
| 2025-03-03 | Restricted Stock Units | $ | A | 13365 | Acquired | 2028-03-03 | Common Stock (13365) | Direct |
| 2025-03-03 | Stock Appreciation Right | $59.86 | A | 37736 | Acquired | 2035-03-03 | Common Stock (37736) | Direct |
| 2025-03-04 | Restricted Stock Units | $ | M | 857 | Disposed | 2027-03-04 | Restricted Stock Units (857) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 511.83 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Share Units | $ | Common Stock (2329.19) | 2329.19 | Direct |
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: Share units convert on a one-for-one basis into Common Stock.
F4: Share units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
F5: Each performance share represents a contingent right to receive one share of Stepan Company common stock.
F6: The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.
F7: Each RSU represents a contingent right to receive one share of Stepan Company common stock.
F8: Vest ratably over three years beginning on the date shown.