Burgess Lorinda 4

What Happened
Lorinda Burgess, a director of STEPAN Co (SCL), was granted 2,566 shares (transaction code A) on May 8, 2026. The grant is recorded at $52.61 per share, for a total value of $134,997. This was an award/acquisition (company compensation) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; filing date: 2026-05-12 (filed within required Form 4 timeline).
• Type: Award/Grant (code A). Price reported: $52.61 per share. Total value: $134,997.
• Shares acquired: 2,566.
• Shares owned after transaction: not stated in the provided filing summary.
• No 10b5-1 plan, tax-withholding, or other footnotes were reported in the transaction details supplied.

Context
Grants to directors are typically compensation-related and do not necessarily signal a personal market bet (unlike open-market purchases/sales). This entry documents STEPAN-issued shares to a director; it does not show any immediate sale or cashless exercise.