Dearth Randall S. 4
Research Summary
AI-generated summary
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.
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