Jason Scott Keiper - Feb 14, 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
VP & Chief Tech & Sust Officer
Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Jason Scott Keiper
Stock symbol
SCL
Transactions as of
Feb 14, 2025
Transactions value $
$10,801
Form type
4
Date filed
2/19/2025, 09:31 PM
Previous filing
Mar 11, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $16.5K +265 +3.97% $62.44 6.94K Feb 14, 2025 Direct F1
transaction SCL Common Stock Tax liability -$5.74K -92 -1.32% $62.44 6.85K Feb 14, 2025 Direct F2
transaction SCL Common Stock Options Exercise +969 +14.14% 7.82K Feb 18, 2025 Direct F3, F4, F5
holding SCL Common Stock 339 Feb 14, 2025 By ESOP II Trust F5

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 -265 -49.91% $0.00 266 Feb 14, 2025 Restricted Stock Units 265 Direct F6, F7
transaction SCL Performance Shares Options Exercise -1.08K -100% 0 Feb 18, 2025 Common Stock 1.08K 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 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F6 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
F7 Vests ratably over three years beginning on the date shown.