Stepan (SCL) Director Randall S. Dearth Receives 2,566-Share Award

What Happened

• Randall S. Dearth, a director of Stepan Company (SCL), was granted 2,566 shares on 2026-05-08. The award is reported at $52.61 per share for a total value of $134,997. This transaction is coded as an award/acquisition (A) — a company grant, not an open-market purchase.

Key Details

• Transaction date and price: 2026-05-08 at $52.61 per share (total $134,997).
• Filing date: Form 4 filed 2026-05-12 (filed four days after the transaction; one business day after the typical 2-business-day deadline).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes: None disclosed (no 10b5-1 plan, tax withholding, or cashless sale indicated).

Context

• Awards like this are often part of director compensation (restricted stock or similar) and do not necessarily reflect immediate buying or selling intent. Purchases or open-market buys are generally considered more direct signals of an insider’s view of the stock. The late filing affects timeliness but does not change the reported transaction details.