Form 4: Stepan Co Director Susan Lewis Acquires 500 Shares
SEC Form 4
Director Susan Lewis purchased 500 shares of Stepan Co (SCL) common stock at $63.5306 per share on February 25, 2025.
Summary
- On February 25, 2025, Susan Lewis, a director of Stepan Co (SCL), acquired 500 shares of common stock.
- The purchase price was $63.5306 per share.
- Following the transaction, Lewis directly owns 1,896 shares of Stepan Co.
Sentiment
Score: 5
Explanation: This is a neutral transaction. It's a routine disclosure of a director purchasing shares, which doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The purchase of shares by a director could be perceived positively by shareholders as it signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Susan Lewis purchased 500 shares of Stepan Co common stock. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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