Form 4: Stepan Co Director Stepan F Quinn Jr. Reports Acquisition of 2,500 Shares

Director Stepan F Quinn Jr. reports acquiring 2,500 shares of Stepan Co common stock at $54.262 per share on May 12, 2025.

Summary

• On May 12, 2025, Stepan Co director Stepan F Quinn Jr. acquired 2,500 shares of common stock at a price of $54.262 per share.
• Following the transaction, Stepan F Quinn Jr. directly owns 105,445.738 shares of common stock.
• Stepan F Quinn Jr. also indirectly owns 174,923 shares of common stock through a joint tenancy with their spouse.
• Additionally, Stepan F Quinn Jr. holds 63,404.923 share units under the Management Incentive Plan (MIP), which convert to common stock on a one-for-one basis and are generally payable at the end of employment.
• The filing also includes a Power of Attorney, effective April 24, 2023, authorizing David Gerard Kabbes, Stephanie Jane Pacitti, and James Andrew Hart to execute Forms 3, 4, and 5 on behalf of Stepan F Quinn Jr.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase of shares could be seen as a positive sign, but it's a routine transaction and doesn't necessarily indicate a major shift in the company's prospects.

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 routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's recent purchase of company stock, which is a common occurrence.

Comparison to Industry Standards

• Comparing insider trading activity to peers like Dow Chemical or BASF requires analyzing their respective SEC filings over a similar period.
• Benchmarking the Management Incentive Plan (MIP) against similar plans at comparable companies would involve reviewing their executive compensation disclosures.
• The size of the share acquisition is relatively small compared to the overall market capitalization of Stepan Co, but it is still a relevant piece of information for investors.

Stakeholder Impact

• The director's share purchase could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Stepan Co, Director, Share Acquisition, Form 4, Beneficial Ownership, Management Incentive Plan, Power of Attorney, SCL