Form 4: Stepan Director's Estate Share Transfer

Stepan Co. Director F. Quinn Stepan Jr. reported significant share transfers from his mother's estate, impacting his beneficial ownership.

Summary

• Director F. Quinn Stepan Jr. reported changes in beneficial ownership of Stepan Co. common stock and share units.
• On August 12, 2025, F. Quinn Stepan Jr. directly received 20,676 shares of common stock from his mother's estate.
• His direct beneficial ownership of common stock increased to 126,123.404 shares, in addition to 159,423 shares held in joint tenancy with his spouse.
• His mother's estate fully disposed of its holdings, transferring 20,676 shares directly to him, 2,448 shares to Family Trust III, and the remaining 138,745 shares, resulting in zero shares held by the estate.
• Family Trust III received 2,448 shares of common stock from the mother's estate.
• F. Quinn Stepan Jr. also reported direct beneficial ownership of 63,404.923 share units and indirect ownership of 43,166.868 share units through his father's deferred Management Incentive Plan (MIP).
• Other indirect holdings include 2,448 shares via Family Trust III, 0.002 shares via Esop II Trust, 160,000 shares via Family LLC, 87,500 shares via Family Trust IV, 100 shares via Father, 1,017 shares via Spouse, 67.214 shares via Father's ESOP, 19,052 shares via Family Trust V, and 600 shares via Family Trust VI.

Sentiment

Score: 5

Explanation: The filing is a routine insider transaction report detailing changes in beneficial ownership due to estate distributions, which is neutral in terms of company performance or strategic outlook.

Positives

• The reporting person's direct beneficial ownership of common stock increased by 20,676 shares.

Future Outlook

This filing is a report of insider ownership changes and does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider stock ownership changes and does not provide information related to broader industry trends or competitor activities.

Related Party Transactions

• F. Quinn Stepan Jr. received 20,676 shares of common stock from his mother's estate.
• Family Trust III received 2,448 shares of common stock from F. Quinn Stepan Jr.'s mother's estate.
• The reporting person disclaims beneficial ownership of securities held by the estate and various trusts, except to the extent of any pecuniary interest.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is an internal transfer of shares by a director and does not reflect company operational or financial performance.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider ownership change.

Key Dates

Keywords

Stepan Co, SCL, SEC Form 4, Insider Ownership, Beneficial Ownership, Estate Transfer, Director Stock, Share Units, Management Incentive Plan