Stepan SEC Filings

Stepan Company (SCL) filed its quarterly report, showing mixed Q3 results. Net sales rose to $590,284,000, but net income declined to $10,839,000, with diluted EPS of $0.47. Operating income was $21,794,000 as higher interest expense weighed on results.

For the nine months, net sales reached $1,778,228,000 while net income was $41,891,000 with diluted EPS of $1.83. Cash and cash equivalents were $118,537,000, and total debt was $655,472,000. Operating cash flow was $87,891,000 and capital expenditures were $87,896,000.

By segment in Q3, Surfactants delivered $15,718,000 operating income, Polymers $14,104,000 and Specialty Products $9,634,000, offset by unallocated corporate expenses. Accumulated other comprehensive loss improved to $(138,608,000). The company recorded environmental and legal accruals of $19,406,000 and paid a $1,126,000 USEPA civil penalty, recovering $500,000. Assets held for sale include SPQI’s Philippines manufacturing assets with $8,476,000 of assets and $4,571,000 of liabilities, with closing planned in the fourth quarter of 2025.

Stepan Company announced it issued a press release with its financial results for the quarter ended September 30, 2025, and disclosed a separate dividend action.

The Board of Directors declared a quarterly cash dividend of $0.395 per share, payable on December 15, 2025, to shareholders of record as of November 28, 2025. The earnings press release is furnished as Exhibit 99.1, and the dividend press release is furnished as Exhibit 99.2.

Stepan Company (SCL) announced the resignation of Samuel S. Hinrichsen, Global Vice President, Finance and Investor Relations, effective October 31, 2025.

Hinrichsen previously served as Vice President and Interim Chief Financial Officer from October 30, 2024 to July 15, 2025. The company stated his resignation was not due to any disagreement with Stepan regarding operations, policies, or practices.

Stepan Co. (SCL) Form 3 filed for Andrea J. Barry, who is identified as Vice President & CHRO and an officer/director. The report covers the event date 09/30/2025 and states that no securities are beneficially owned by the reporting person. The filing is an initial statement and was signed by an attorney-in-fact on 10/07/2025. This is a routine Section 16 disclosure showing no direct or indirect holdings to report.

Stepan Company (SCL) insider filing shows officer Shawn G. Lisle received equity awards on 08/26/2025. The grant includes 3,462 Restricted Stock Units (RSUs) vesting ratably over three years, 1,731 Performance Shares that vest only if specified performance goals for the period ending 12/31/2027 are met, and a Stock Appreciation Right (SAR) covering 4,861 shares with an exercise price of $50.55 that vests over three years and expires 08/26/2035. Each RSU and performance share converts to one common share if earned. The filing is a standard Section 16 disclosure of officer compensation-related issuances and does not report any cash purchases or sales.

Shawn G. Lisle, Vice President, General Counsel & Secretary of Stepan Company (SCL), reported initial beneficial ownership on Form 3. The filing shows performance shares (1,731 contingent shares), restricted stock units (3,462 RSUs) and a stock appreciation right covering 4,861 shares exercisable at $50.55. Performance shares vest based on goals through 12/31/2027 and RSUs vest ratably over three years beginning 08/26/2026.

Stepan Co. insider report: Richard F. Stepan, a company officer (V.P. and Gen'l. Mgr., Polymers) and director, received shares from his late mother's estate on 08/12/2025. He directly acquired 20,675 shares and a trust received 2,449 shares, both recorded as acquisitions at no cash price. After the reported transactions the filing shows Mr. Stepan directly beneficially owns 241,020.292 shares. The form also lists indirect holdings attributed to family and trusts, including 95,416 shares held by a trust, 43,439 shares attributed to a daughter, 43,439 to a son, 5,174 to a spouse and 1,238.22 to an ESOP II Trust. The filing documents the transfers as distributions from the reporting person's mother's estate.

Stepan Co. director F. Quinn Stepan Jr. reported transfers and deferred-compensation share units resulting in increased reported holdings. On 08/12/2025 he received 20,676 shares from his mother's estate and a trust received 2,448 shares from the same estate. The filing notes he disclaims beneficial ownership of certain shares except to the extent of any pecuniary interest and that he serves as executor of his mother's estate.

The report also shows participation in the Management Incentive Plan where 63,404.923 share units are held directly and 43,166.868 share units indirectly; these units convert one-for-one into common stock and are generally payable at end of employment. The transactions are transfers and deferred-compensation allocations rather than open-market purchases or sales.

Director Corning F. Painter purchased 2,433 shares of Stepan Co common stock at $49.09 on 08/08/2025, increasing his direct holding to 2,433 shares. The Form 4 discloses this as a direct acquisition by a board member and records the transaction on the companys insider reporting form.