AI assistant
STEPAN CO — Director's Dealing 2025
Feb 19, 2025
32175_dirs_2025-02-19_59b4d236-0d20-4300-b7f2-227dfc4ac668.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEPAN CO (SCL)
CIK: 0000094049
Period of Report: 2025-02-14
Reporting Person: Rojo Luis (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-14 | Common Stock | M | 682 | $62.435 | Acquired | 8797.901 | Direct |
| 2025-02-14 | Common Stock | F | 236 | $62.435 | Disposed | 8561.901 | Direct |
| 2025-02-18 | Common Stock | M | 2583 | — | Acquired | 11144.901 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-14 | Restricted Stock Units | $ | M | 682 | Disposed | 2026-02-14 | Restricted Stock Units (682) | Direct |
| 2025-02-18 | Performance Shares | $ | M | 2876 | Disposed | Common Stock (2876) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 454.418 | 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: Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vested upon the certification of Stepan Company achieving certain performance goals for the performance period ended December 31, 2024.
F4: Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F5: Share units convert on a one-for-one basis into Common Stock.
F6: 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.
F7: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F8: Vests ratably over three years beginning on the date shown.