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

F. Quinn Stepan Jr., a director at Stepan Co., reports the settlement of share units and various transactions involving common stock, including acquisitions, disposals, and holdings through trusts and other entities.

Summary

• On March 6, 2025, F. Quinn Stepan Jr. settled 49,154.253 share units in cash.
• On March 10, 2025, 2,375.041 share units were settled for an equal number of shares of Stepan Company common stock, with 339.292 shares distributed to the reporting person.
• Following these transactions, Stepan Jr. directly owns 172,423 shares of common stock.
• He also has indirect ownership through various entities, including an ESOP II Trust (0.002 shares), a Family LLC (160,000 shares), Family Trust IV (87,500 shares), his father (100 shares), his spouse (1,017 shares), his father's ESOP (67.214 shares), Family Trust V (19,052 shares), his mother's estate (161,869 shares), and Family Trust VI (600 shares).
• Additionally, he indirectly owns 45,544.19 share units through his father's Deferred MIP and 43,169.149 share units through his father's Deferred MIP.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

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

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of shares.
• The settlement of share units in cash could affect the company's cash flow.

Key Dates