Form 4: Stepan Co. Director Quinn Stepan Jr. Reports Stock Gift

Director Quinn Stepan Jr. reported a gift of 2,500 shares of Stepan Co. common stock, leaving him with 86,741 shares.

Summary

• Quinn Stepan Jr., a director at Stepan Co., filed a Form 4 indicating a change in beneficial ownership.
• The transaction involved a gift of 2,500 shares of Stepan Co. common stock.
• The gift was reported on November 14, 2024.
• Following the transaction, Mr. Stepan beneficially owns 86,741 shares of Stepan Co. common stock.
• The shares are held directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would significantly impact investor sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers, in accordance with SEC regulations.
• The reporting requirements are consistent across all publicly traded companies in the US.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine change in ownership by a director.

Key Dates

Keywords

Stepan Co, Form 4, Beneficial Ownership, Director, Stock Gift, SCL, Quinn Stepan Jr.