Form 4: Stepan Co. Executive Reports Changes in Beneficial Ownership

Richard F. Stepan, a Vice President and General Manager at Stepan Co., reported a transaction involving common stock on February 27, 2025, resulting in adjustments to his direct and indirect beneficial ownership.

Summary

• On February 27, 2025, Richard F. Stepan, a V.P. and Gen'l. Mgr. at Stepan Co., reported changes in his beneficial ownership of the company's common stock.
• He acquired 350 shares of common stock through a gift (Transaction Code G) at a price of $0.
• Following the transaction, Mr. Stepan directly owns 220,135 shares of common stock.
• He also has indirect ownership through his daughter (43,439 shares), son (43,439 shares), spouse (5,174 shares), a trust (92,967 shares), and an ESOP II Trust (1,238.22 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a change in beneficial ownership.

Positives

• The acquisition of shares, even as a gift, could be interpreted as a positive sign of confidence in the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Key Dates