Robert Haire - May 1, 2024 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
May 1, 2024
Transactions value $
$30,946
Form type
4
Date filed
5/3/2024, 02:22 PM
Previous filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCL Common Stock Options Exercise $46.3K +549 $84.32 549 May 1, 2024 Direct F1
transaction SCL Common Stock Tax liability -$15.3K -182 -33.15% $84.32 367 May 1, 2024 Direct F2
holding SCL Common Stock 32.4 May 1, 2024 By ESOP II Trust F3

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 -549 -33.29% $0.00 1.1K May 1, 2024 Restricted Stock Units 549 Direct F4, F5
* 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 Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
F4 Each RSU represents a contingent right to receive one share of Stepan Company common stock.
F5 Vest ratably over three years beginning on the date shown.