STEPAN VP reports initial equity holdings
STEPAN CO executive Afonso Adriano Jose Galimberti, VP and GM Surfactants NA, filed an initial ownership report showing equity awards and share holdings.
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Form Type
3
Rhea-AI Filing Summary
STEPAN CO executive Afonso Adriano Jose Galimberti, VP and GM Surfactants NA, filed an initial ownership report showing equity awards and share holdings. He holds stock options and stock appreciation rights over several thousand shares of common stock at exercise prices between $50.06 and $123.73, plus restricted stock units, performance shares, and direct and indirect common stock, including shares held through an ESOP II trust.
Insider Trade Summary
17 transactions reported
Mixed
17 txns
Insider
Galimberti Afonso Adriano Jose
Role
VP and GM Surfactants NA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,767 contracts (Direct);
Stock Appreciation Right — 12,895 contracts (Direct);
Restricted Stock Units — 2,890 contracts (Direct);
Performance Shares — 1,605 contracts (Direct);
Common Stock — 2,894.2619 shares (Direct);
Common Stock — 615.237 shares (Indirect, BY ESOP II Trust)
Footnotes (5)
- F1. Vests ratably over three years beginning on the date shown.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
- F3. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2027.
- F4. Each performance share represents a contingent right to receive one share of Stepan Company common stock.
- F5. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028.
Key Figures
Direct common shares: 2,894.2619 shares
Indirect ESOP shares: 615.2370 shares
Option grant 1: 282 shares at $92.29
+5 more
8 metrics
Direct common shares
2,894.2619 shares
Direct STEPAN CO common stock holding as of Form 3
Indirect ESOP shares
615.2370 shares
Common stock held indirectly by ESOP II Trust
Option grant 1
282 shares at $92.29
Stock option over common stock, expires 2029-02-19
Option grant 2
868 shares at $102.30
Stock option over common stock, expires 2030-02-18
Largest SAR award
2,504 shares at $50.06
Stock appreciation right, expires 2036-03-02
RSU holdings
1,748 units
Restricted stock units expiring 2029-03-02
Performance shares 1
731 shares
Performance shares tied to goals through 2027-12-31
Performance shares 2
874 shares
Additional performance share award with contingent vesting
Key Terms
Stock Appreciation Right, Restricted Stock Units, Performance Shares, ESOP II Trust, +1 more
5 terms
Stock Appreciation Right financial
"security_title": "Stock Appreciation Right""
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
ESOP II Trust financial
"nature_of_ownership": "BY ESOP II Trust""
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing by STEPAN CO (SCL) executive disclose?
The Form 3 discloses that VP and GM Surfactants NA Afonso Adriano Jose Galimberti holds stock options, stock appreciation rights, restricted stock units, performance shares, and common stock in STEPAN CO, providing a baseline of his existing equity ownership in the company.
What stock options are reported in Galimberti’s STEPAN CO Form 3?
The Form 3 lists stock options over 282, 868, and 617 STEPAN CO common shares with exercise prices of $92.29, $102.30, and $123.73, expiring between 2029 and 2031, reflecting long-dated equity incentives.
What stock appreciation rights does Galimberti hold in STEPAN CO (SCL)?
The filing reports multiple stock appreciation right awards over 2,603, 1,850, 1,401, 1,107, 1,366, 2,064, and 2,504 underlying STEPAN CO common shares, with exercise prices from $50.06 to $123.73 and expirations out to 2036.
Do the STEPAN CO Form 3 holdings for Galimberti reflect any recent stock purchases or sales?
The entries are classified as holdings with unknown transaction codes and a neutral net buy/sell direction. This indicates the Form 3 serves as an initial ownership snapshot rather than reporting new open-market purchases or sales by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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