Form 4: Stepan Co. Director Randall S. Dearth Reports Acquisition of Common Stock and Phantom Stock Units

Director Randall S. Dearth reports acquiring 2,500 shares of Stepan Co. common stock and additional phantom stock units.

Summary

• On May 12, 2025, Randall S. Dearth, a director of Stepan Co., acquired 2,500 shares of common stock at a price of $54.262 per share.
• Following this transaction, Dearth directly owns 14,106 shares of Stepan Co. common stock.
• Dearth also holds 1,347 phantom stock units, each representing the right to receive one share of Stepan Co. common stock, payable either after separation from service or after a specified age.
• A Power of Attorney was executed on April 24, 2023, appointing David Gerard Kabbes, Stephanie Jane Pacitti, and James Andrew Hart as attorneys-in-fact to handle SEC filings on Dearth's behalf.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing detailing a director's stock acquisition. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by a director could be interpreted as a positive signal about the director's confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors and officers, in their own company's stock.

Stakeholder Impact

• The acquisition of shares by a director may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Stepan Co, Director, Randall S. Dearth, Common Stock, Phantom Stock Units, Beneficial Ownership, SEC Filing