Robert Haire - Mar 3, 2025 Form 4 Insider Report for STEPAN CO (SCL)

Role
EVP, Supply Chain
Signature
/s/ Stephanie J. Pacitti, attorney-in-fact for Robert Haire
Stock symbol
SCL
Transactions as of
Mar 3, 2025
Transactions value $
$22,108
Form type
4
Date filed
3/5/2025, 10:26 AM
Previous filing
Feb 25, 2025
Next filing
Mar 21, 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 $32.7K +571 +155.59% $57.28 938 Mar 4, 2025 Direct F1
transaction SCL Common Stock Tax liability -$10.6K -185 -19.72% $57.28 753 Mar 4, 2025 Direct F2
holding SCL Common Stock 90.3 Mar 3, 2025 By ESOP II Trust

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 Stock Appreciation Right Award $0 +7.08K $0.00 7.08K Mar 3, 2025 Common Stock 7.08K $59.86 Direct F3
transaction SCL Restricted Stock Units Award $0 +5.01K $0.00 5.01K Mar 3, 2025 Restricted Stock Units 5.01K Direct F3, F4
transaction SCL Performance Shares Award $0 +2.51K $0.00 2.51K Mar 3, 2025 Common Stock 2.51K Direct F5, F6
transaction SCL Restricted Stock Units Options Exercise $0 -571 -33.31% $0.00 1.14K Mar 4, 2025 Restricted Stock Units 571 Direct F1, F3, F4
* 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 Vest ratably over three years beginning on the date shown.
F4 Each RSU represents a contingent right to receive one share of Stepan Company common stock.
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.