Form 4: Stepan Co Director Jan Stern Reed Acquires 2,500 Shares
SEC Form 4 Filing
Director Jan Stern Reed acquired 2,500 shares of Stepan Co stock at $54.262 per share on May 12, 2025, according to a Form 4 filing.
Summary
- On May 12, 2025, Jan Stern Reed, a director of Stepan Co, acquired 2,500 shares of common stock.
- The purchase price was $54.262 per share.
- Following the transaction, Reed directly owns 13,911 shares of Stepan Co.
- The transaction was reported on a Form 4 filing with the SEC.
- Reed has granted power of attorney to David Gerard Kabbes, Stephanie Jane Pacitti, and James Andrew Hart to execute and file Forms 3, 4, and 5 on their behalf.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a single transaction and doesn't provide strong evidence for a bullish outlook.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock purchase by a director could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2023/04/24 | Date of Power of Attorney execution. |
| 2025/05/12 | Date of stock transaction. |
| 2025/05/13 | Date of Form 4 signature. |
Keywords
Form 4, Stepan Co, Director, Jan Stern Reed, Stock Acquisition, Beneficial Ownership, SEC Filing
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