Purnell Sharon 4
4 · STEPAN CO · Filed Mar 5, 2025
Insider Transaction Report
Form 4
STEPAN COSCL
Purnell Sharon
VP & CHRO
Transactions
- Exercise/Conversion
Common Stock
2025-03-04$57.27/sh+285$16,323→ 296.863 total - Tax Payment
Common Stock
2025-03-04$57.27/sh−93$5,327→ 203.863 total - Award
Restricted Stock Units
2025-03-03+3,132→ 3,132 totalFrom: 2026-03-03Exp: 2028-03-03→ Common Stock (3,132 underlying) - Award
Performance Shares
2025-03-03+1,566→ 1,566 total→ Common Stock (1,566 underlying) - Award
Stock Appreciation Right
2025-03-03+4,422→ 4,422 totalExercise: $59.86From: 2026-03-03Exp: 2035-03-03→ Common Stock (4,422 underlying) - Exercise/Conversion
Restricted Stock Awards
2025-03-04−285→ 572 totalFrom: 2025-03-04Exp: 2027-03-04→ Common Stock (285 underlying)
Holdings
- 68.348(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.
- [F2]Withholding of shares to satisfy tax liability on the vesting of RSUs.
- [F3]Each RSU represents a contingent right to receive one share of Stepan Company common stock.
- [F4]Vest ratably over three years beginning on the date shown.
- [F5]Each performance share represents a contingent right to receive one share of Stepan Company common stock.
- [F6]The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.