Haire Robert Joseph 4/A
4/A · STEPAN CO · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Stepan (SCL) EVP Robert Haire Receives Equity Award
What Happened
- Robert Joseph Haire, EVP, Supply Chain at Stepan Company, received equity awards reported on Form 4/A. The filing shows 56.765 shares acquired (reported at $52.51, total $2,981) and three derivative awards totaling 17,575 shares (5,993 + 2,996 + 8,586) reported at $0.00 (these are RSUs and performance shares).
- These are awards/grants (code A) as part of compensation rather than open‑market purchases or sales.
Key Details
- Transaction dates and reported prices:
- 2026-02-27: 56.765 shares acquired @ $52.51 (value reported $2,981).
- 2026-03-02: Grants of 5,993, 2,996 and 8,586 shares reported @ $0.00 (derivative awards).
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes of note:
- F1: RSUs each represent a contingent right to one share.
- F2: RSUs vest ratably over three years beginning on the date shown.
- F3: Performance shares vest only upon certification that Stepan met performance goals for the period ending 12/31/2028.
- F4: This is an amended Form 4. The amendment corrects a previously misreported SAR conversion/exercise price—correct price is $50.06 (previously reported as $17.47); original Form 4 was filed March 4, 2026; this amendment filed May 12, 2026.
- Timeliness: the filing provided here is an amendment; the original Form 4 was filed March 4, 2026. The amendment corrects the conversion/exercise price only.
Context
- The $0.00 entries are typical for RSUs and performance-share grants—these are contingent/derivative awards that convert to shares only upon vesting or achievement of goals, so they are not immediate open‑market purchases.
- The SAR/conversion entry indicates an instrument converted into 56.765 shares; the amendment corrects the exercise/conversion price which can affect reported economics and tax basis but does not change the number of shares granted.
- Awards are commonly part of executive compensation and do not, by themselves, indicate that the insider is buying or selling stock in the market.
Insider Transaction Report
Form 4/AAmended
STEPAN COSCL
Haire Robert Joseph
EVP, Supply Chain
Transactions
- Award
Common Stock
2026-02-27$52.51/sh+56.765$2,981→ 2,538.765 total - Award
Restricted Stock Units
[F1][F2]2026-03-02+5,993→ 5,993 totalFrom: 2027-03-02Exp: 2029-03-02→ Restricted Stock Units (5,993 underlying) - Award
Performance Shares
[F2][F3]2026-03-02+2,996→ 2,996 total→ Common Stock (2,996 underlying) - Award
Stock Appreciation Right
[F4][F2]2026-03-02+8,586→ 8,586 totalExercise: $50.06From: 2027-03-02Exp: 2036-03-03→ Common Stock (8,586 underlying)
Holdings
- 90.269(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of Stepan Company common stock.
- [F2]Vest ratably over three years beginning on the date shown.
- [F3]The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028.
- [F4]This Form 4/A amends the reporting person's original Form 4 filed on March 4, 2026 (the "Original Filing"). The Original Filing inadvertently reported an incorrect stock appreciation right ("SAR") conversion/exercise price due to an administrative error in the pricing calculation. The correct conversion/exercise price for the reported transaction is $50.06 not $17.47 as previously reported. This amendment corrects the reported conversion/exercise price. No other aspects of the reported transaction are affected.
Signature
/s/ James A. Hart, attorney-in-fact for Robert Haire|2026-05-12