Form 4: Stepan Co Director Susan Lewis Reports Acquisition of 1,396 Shares
SEC Form 4 Filing
Director Susan Lewis reports acquiring 1,396 shares of Stepan Co common stock at $89.53 per share on May 10, 2024.
Summary
- On May 10, 2024, Susan Lewis, a director of Stepan Co, acquired 1,396 shares of common stock.
- The acquisition price was $89.53 per share.
- Following the transaction, Ms. Lewis directly owns 1,396 shares of Stepan Co.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's view of the company's prospects.
Stakeholder Impact
- The acquisition of shares by a director could be perceived positively by shareholders, signaling confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Susan Lewis acquired 1,396 shares of Stepan Co common stock. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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