Stepan CEO exercises RSUs, updates holdings
Stepan Company’s President and CEO Luis Rojo reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Stepan Company’s President and CEO Luis Rojo reported equity award activity involving restricted stock units and common shares. On February 17, 2026, 683 restricted stock units were settled into 683 shares of common stock, consistent with the award terms where each unit equals one share.
To cover tax obligations related to this settlement, 237 restricted stock units were disposed of at a price of $66.39 per share. Following these transactions, Rojo directly owns 795 restricted stock units and 15,877.901 shares of common stock, plus an additional 511.83 shares held indirectly through the ESOP II Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 683 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Restricted Stock Units | 237 | $66.39 | $16K |
| Exercise | Common Stock | 683 | $66.39 | $45K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- 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.
FAQ
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What did Stepan (SCL) CEO Luis Rojo report in this Form 4 filing?
Why were some Stepan (SCL) restricted stock units disposed of in this Form 4?
How do Stepan (SCL) restricted stock units work for the CEO’s award?
AI-generated analysis. How Rhea-AI works. Not financial advice.