STEPAN CEO exercises RSUs, withholds shares for tax
STEPAN CO President & CEO Luis Rojo reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
STEPAN CO President & CEO Luis Rojo reported equity award activity involving restricted stock units and common shares. On the reported date, 683 restricted stock units were exercised and settled into 683 shares of common stock at $66.3900 per share. To cover tax obligations, 237 common shares were disposed of through a tax-withholding transaction, leaving 15,640.901 common shares held directly after these transactions. An additional 511.8300 common shares are held indirectly through the Esop II Trust. The filing also amends a prior report to correct the dates for “Date Exercisable” and “Expiration Date” on the related award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 683 | $0.00 | $0.00 |
| Exercise | Common Stock | 683 | $66.39 | $45K |
| Exercise Price or Tax Liability | Common Stock | 237 | $66.39 | $16K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.
- F2. Each RSU represents a contingent right to receive one share of Stepan Company common stock.
- F3. Vests ratably over three years beginning on the date shown.
- F4. The Reporting Person's Form 4 filed on February 19, 2026 included incorrect dates for "Date Exercisable" and "Expiration Date". These dates have been corrected herein.
FAQ
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What insider transactions did Luis Rojo report for STEPAN CO (SCL)?
What do transaction codes M and F mean in Luis Rojo’s STEPAN CO Form 4/A?
Why was this STEPAN CO insider filing submitted as an amended Form 4/A?
How do the restricted stock units function in Luis Rojo’s STEPAN CO compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.