Form 4: Stepan Co Director Lorinda Burgess Reports Stock Award Acquisition
SEC Filing
Director Lorinda Burgess reports acquisition of stock awards in Stepan Co, according to a Form 4 filing.
Summary
- Lorinda Burgess, a director of Stepan Co, filed a Form 4 disclosing a transaction.
- On April 1, 2025, Burgess acquired 10 stock awards, each representing the right to receive one share of Stepan Co common stock.
- The price of the stock awards was $55.4.
- Following the reported transaction, Burgess beneficially owns 1,427 shares of Stepan Co common stock.
- Deferred stock awards are payable in shares pursuant to the director's election either following separation from service or after a specified age.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock awards, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 2023/04/24 | Date of Power of Attorney execution. |
| 2025/04/01 | Date of stock award transaction. |
| 2025/04/03 | Date of Form 4 filing. |
Keywords
Form 4, Stepan Co, Director, Stock Awards, Beneficial Ownership, Lorinda Burgess, SCL
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