Sean T. Moriarty - Mar 3, 2025 Form 4 Insider Report for STEPAN CO (SCL)

Signature
/s/ Stephanie J. Pacitti, Attorney-in-Fact for Sean T. Moriarty
Stock symbol
SCL
Transactions as of
Mar 3, 2025
Transactions value $
$23,082
Form type
4
Date filed
3/5/2025, 10:55 AM
Previous filing
Feb 25, 2025
Next filing
Mar 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $32.7K +571 +4.09% $57.28 14.5K Mar 4, 2025 Direct F1
transaction SCL Common Stock Tax liability -$9.62K -168 -1.16% $57.28 14.4K Mar 4, 2025 Direct F2
holding SCL Common Stock 4.48K 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 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 Award $0 +5.01K $0.00 5.01K Mar 3, 2025 Restricted Stock Units 5.01K Direct F7, F8
transaction SCL Stock Appreciation Right Award $0 +7.08K $0.00 7.08K Mar 3, 2025 Common Stock 7.08K $59.86 Direct F8
transaction SCL Restricted Stock Units Options Exercise $0 -571 -33.31% $0.00 1.14K Mar 4, 2025 Restricted Stock Units 571 Direct F1, F7, F8
holding SCL Share Units 5.75K Mar 3, 2025 Common Stock 5.75K Direct 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 Share Units 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.
F4 Share Units owned under the MIP are generally payable at end of employment, unless otherwise elected.
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.