Samuel S. Hinrichsen - Feb 14, 2025 Form 4 Insider Report for STEPAN CO (SCL)

Signature
/s/ Stephanie J. Pacitti, attorney-in-fact for Samuel S. Hinrichsen
Stock symbol
SCL
Transactions as of
Feb 14, 2025
Transactions value $
$1,811
Form type
4
Date filed
2/19/2025, 09:23 PM
Previous filing
Jan 3, 2025
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $2.81K +45 +18.61% $62.44 287 Feb 14, 2025 Direct F1
transaction SCL Common Stock Tax liability -$999 -16 -5.58% $62.44 271 Feb 14, 2025 Direct F2
transaction SCL Common Stock Options Exercise +162 +59.82% 433 Feb 18, 2025 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCL Restricted Stock Units Options Exercise $0 -45 -49.45% $0.00 46 Feb 14, 2025 Restricted Stock Units 45 Direct F1, F5, F6
transaction SCL Performance Shares Options Exercise -180 -100% 0 Feb 18, 2025 Common Stock 180 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 16b-3(c) and Rule 16b-3(d) since the date of the reporting person's last report.
F5 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F6 Vests ratably over three years beginning on the date shown.