Filing Details
- Accession Number:
- 0001127602-23-021802
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-02 13:53:57
- Reporting Period:
- 2023-07-31
- Accepted Time:
- 2023-08-02 13:53:57
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 94049 | Stepan Co | SCL | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics (2840) | 361823834 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1229289 | Jr Quinn F Stepan | 1101 Skokie Boulevard, Suite 500 Northbrook IL 60062 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-07-31 | 1,285 | $61.91 | 249,517 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-07-31 | 6,383 | $41.16 | 255,900 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-07-31 | 5,168 | $94.47 | 250,732 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-07-31 | 2,500 | $95.34 | 248,232 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-08-01 | 2,500 | $41.16 | 250,732 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-08-01 | 2,500 | $95.23 | 248,232 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2023-07-31 | 1,285 | $0.00 | 1,285 | $61.91 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2023-07-31 | 6,383 | $0.00 | 6,383 | $41.16 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2023-08-01 | 2,500 | $0.00 | 2,500 | $41.16 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-02-18 | 2024-02-17 | No | 4 | M | Direct |
| 22,500 | 2017-02-17 | 2025-02-16 | No | 4 | M | Direct |
| 20,000 | 2017-02-17 | 2025-02-16 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 91 | Indirect | By Esop II Trust |
| Common Stock | 17,464 | Indirect | By Family Trust III |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Share Units | $0.00 | 91,284 | 91,284 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 91,284 | 91,284 | Direct |
Footnotes
- Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.
- Reflects the transfer of 2,532 shares of Stepan common stock from Family Trust III (of which the reporting person is trustee) to a different family trust. The reporting person is neither the trustee nor a beneficiary of the family trust to which the shares were transferred.
- The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $94.05 to $94.685, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
- The price reported is a weighted average price. Shares were sold in a series of transactions within the same trading day at prices ranging from $95.17 to $95.51, inclusive. Full information regarding the number of shares sold at each separate price is available upon request by the Commission staff, the issuer, or a security holder of the issuer.
- Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants toelect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.
- Share Units convert on a one-for-one basis into Common Stock.
- Share Units are generally payable at end of employment, unless otherwise elected.
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