Stepan (SCL) VP & CHRO receives stock awards and corrects SAR price in Form 4/A
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Stepan Co VP & CHRO Andrea Jean Barry reported equity-based compensation grants and a correction to a prior filing. On March 2, 2026, she received 6,440 stock appreciation rights with a conversion price of $50.06, 2,247 performance shares, and 4,495 restricted stock units, each tied to one share of common stock. The RSUs vest ratably over three years, while the performance shares vest if Stepan Company certifies that certain performance goals are achieved for the period ending December 31, 2028. She also acquired 16.464 shares of common stock on February 27, 2026 as a grant. This Form 4/A amends the original Form 4 only to correct the stock appreciation right conversion price to $50.06 from $17.47; all other terms of the reported transactions remain unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Barry Andrea Jean
Role
VP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,495 | $0.00 | -- |
| Grant/Award | Performance Shares | 2,247 | $0.00 | -- |
| Grant/Award | Stock Appreciation Right | 6,440 | $0.00 | -- |
| Grant/Award | Common Stock | 16.464 | $52.51 | $864.52 |
Holdings After Transaction:
Restricted Stock Units — 4,495 shares (Direct, null);
Performance Shares — 2,247 shares (Direct, null);
Stock Appreciation Right — 6,440 shares (Direct, null);
Common Stock — 16.464 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock. Vest ratably over three years beginning on the date shown. Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028. 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.
Key Figures
Stock appreciation rights granted: 6,440 units at $50.06
Performance shares granted: 2,247 performance shares
Restricted stock units granted: 4,495 RSUs
+3 more
6 metrics
Stock appreciation rights granted
6,440 units at $50.06
Grant on March 2, 2026; conversion price $50.06; expire March 1, 2036
Performance shares granted
2,247 performance shares
Grant on March 2, 2026; vest based on performance through December 31, 2028
Restricted stock units granted
4,495 RSUs
Grant on March 2, 2026; vest ratably over three years from grant date
Common stock grant
16.464 shares at $52.51
Acquired February 27, 2026 as a grant/award acquisition
Corrected SAR conversion price
$50.06 per share
Amends prior Form 4 which incorrectly reported $17.47
Derivative transactions count
3 derivative entries
Stock appreciation right, performance shares, and RSU grants reported as derivatives
Key Terms
Stock Appreciation Right, restricted stock unit, performance share, conversion/exercise price, +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 unit financial
"Each restricted stock unit ("RSU") represents a contingent right"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
conversion/exercise price financial
"The correct conversion/exercise price for the reported transaction is $50.06"
Form 4/A regulatory
"This Form 4/A amends the reporting person's original Form 4 filed"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transactions did Stepan Co (SCL) report for Andrea Jean Barry?
Andrea Jean Barry received equity-based awards, including stock appreciation rights, performance shares, restricted stock units, and a small common stock grant. These represent compensation awards, not open-market purchases or sales, and each derivative unit generally corresponds to one share of Stepan common stock.
How many stock appreciation rights did the Stepan (SCL) VP & CHRO receive?
She was granted 6,440 stock appreciation rights on March 2, 2026 at a conversion price of $50.06. These rights are tied to Stepan common stock and have an expiration date of March 1, 2036, providing long-term, performance-linked compensation exposure.
What restricted stock unit (RSU) grants did Stepan (SCL) disclose?
She was granted 4,495 restricted stock units on March 2, 2026. Each RSU corresponds to one Stepan common share and vests ratably over three years starting on that grant date, creating a time-based incentive for continued employment and retention.
What correction does this Stepan (SCL) Form 4/A amendment make?
The amendment corrects the stock appreciation right conversion price previously reported as $17.47. The accurate conversion price is $50.06. The company states that no other aspects of the originally reported transaction, including amounts and dates, are affected by this correction.