Form 4: Stepan Co. VP Samuel S. Hinrichsen Reports Stock Transactions
SEC Form 4
Samuel S. Hinrichsen, VP & Interim CFO of Stepan Co., reports transactions involving common stock and restricted stock units.
Summary
- On February 14, 2025, Samuel S. Hinrichsen settled 45 restricted stock units (RSUs) for common stock and disposed of 16 shares to cover tax liabilities.
- The price per share for these transactions was $62.435.
- On February 18, 2025, Hinrichsen acquired 162 shares of common stock and settled 180 performance shares.
- Following these transactions, Hinrichsen directly owns 432.825 shares of common stock.
- The report also notes exempt acquisitions under Rule 16b-3(c) and Rule 16b-3(d) since the last report.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports stock transactions by an insider, which is a routine regulatory filing.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.
Key Dates
| Date | Description |
|---|---|
| 02/14/2024 | Date restricted stock units vest ratably over three years beginning on this date. |
| 12/31/2024 | Performance period end date for performance shares. |
| 02/14/2025 | Restricted stock units settled for common stock; shares withheld for tax liability. |
| 02/18/2025 | Acquisition of common stock and settlement of performance shares. |
| 02/19/2025 | Date of report signature. |
| 02/14/2026 | Expiration date of restricted stock units. |
Keywords
Form 4, Stepan Co, SCL, Insider Trading, Samuel S. Hinrichsen, Restricted Stock Units, Performance Shares, Beneficial Ownership
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