Form 4: Stepan Co Director Acquires Additional Stock Units
SEC Form 4 Filing
Director Randall S. Dearth acquired 9 stock units of Stepan Co on April 1, 2025, according to a Form 4 filing.
Summary
- On April 1, 2025, Randall S. Dearth, a director of Stepan Co, acquired 9 stock units.
- These stock units are phantom stock units, each representing the right to receive one share of Stepan Co common stock.
- The price of each stock unit was $55.4.
- Following the transaction, Dearth directly owns 1,347 stock units.
- The stock units are payable in shares either following separation from service or after a specified age, according to the director's election.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 2023-04-24 | Power of Attorney executed, granting authority to file forms on behalf of Randall S. Dearth |
| 2025-04-01 | Transaction date: Randall S. Dearth acquired 9 stock units |
| 2025-04-03 | Date of signature for the Form 4 filing |
Keywords
Form 4, Stepan Co, Director, Stock Units, Randall S. Dearth, Acquisition, Beneficial Ownership
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