Form 4: Stepan Co Director F. Quinn Stepan Jr. Reports Share Unit Settlement

Director F. Quinn Stepan Jr. settled 14,992.577 share units for an equal number of Stepan Co common stock shares on January 31, 2025.

Summary

• On January 31, 2025, F. Quinn Stepan Jr., a director at Stepan Co, settled 14,992.577 share units for an equivalent number of common stock shares.
• Following the transaction, Stepan Jr. directly owns 243,510.717 shares of Stepan Co common stock, which includes acquisitions from dividend reinvestments.
• The share units were acquired under the Management Incentive Plan (MIP), a nonqualified deferred compensation plan.
• These share units convert on a one-for-one basis into common stock and are generally payable at the end of employment, unless otherwise elected.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation.

Positives

• The transaction reflects the director's continued investment and stake in the company.

Future Outlook

The share units are generally payable at the end of employment, unless otherwise elected.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Stepan Co, Director, Share Units, Common Stock, Settlement, Management Incentive Plan, F. Quinn Stepan Jr.