STEPAN CO·4/A

May 12, 7:43 PM ET

Barry Andrea Jean 4/A

Research Summary

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Stepan (SCL) VP & CHRO Barry Andrea Jean Receives Award

What Happened

  • Barry Andrea Jean, Vice President & Chief Human Resources Officer of Stepan Company (SCL), received multiple equity awards. On 2026-02-27 she acquired 16.464 shares at $52.51 per share (total reported value $865). On 2026-03-02 she was granted additional derivative awards: 4,495 units, 2,247 units and 6,440 units reported at $0.00 (these are equity-based awards, not cash purchases).

Key Details

  • Transaction dates and reported prices:
    • 2026-02-27: 16.464 shares @ $52.51 (cash value reported $865).
    • 2026-03-02: 4,495; 2,247; and 6,440 units reported at $0.00 (derivative awards).
  • Nature of awards:
    • Footnote: Restricted Stock Units (RSUs) = contingent right to one share; RSUs vest ratably over three years.
    • Footnote: Performance Shares (PSUs) = contingent right to one share; PSUs vest only if company certifies achievement of performance goals for the period ending Dec 31, 2028.
  • Shares owned after the transactions: not disclosed in the provided excerpt.
  • Filing status: This is an amendment (Form 4/A). The original Form 4 was filed March 4, 2026; this amendment corrects an earlier-reported stock appreciation right (SAR) conversion/exercise price to $50.06 (was incorrectly reported as $17.47). No other aspects of that reported transaction were affected.

Context

  • These are compensation awards (code A) — routine non-cash equity grants to an executive rather than open-market purchases or sales. RSUs and PSUs are contingent on vesting and/or performance, so they do not necessarily reflect an immediate purchase or sale of shares. The PSU awards will only convert to shares if performance goals for the 2028 period are met and certified.