Stepan VP exercises RSUs, withholds shares for tax
STEPAN CO executive Richard Finn, Vice President and General Manager of Polymers, reported equity award activity in company stock.
Rhea-AI Filing Summary
STEPAN CO executive Richard Finn, Vice President and General Manager of Polymers, reported equity award activity in company stock. On February 17, 2026, 341 restricted stock units were exercised and settled into 341 shares of common stock at $66.39 per share, consistent with the award terms.
To cover taxes on the RSU vesting, 118 shares of common stock were withheld, also at $66.39 per share. After these transactions, Finn directly held 241,339.15 shares of common stock. He also reported indirect holdings, including 43,439 shares held by a daughter, 5,174 by a spouse, 95,416 by a trust, and 1,238.22 by an ESOP II trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 341 | $0.00 | $0.00 |
| Exercise | Common Stock | 341 | $66.39 | $23K |
| Exercise Price or Tax Liability | Common Stock | 118 | $66.39 | $8K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| 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. Withholding of shares to satisfy tax liability on the vesting of RSUs.
- F3. Each RSU represents a contingent right to receive one share of Stepan Company common stock.
- F4. Vests ratably over three years beginning on the date shown.
FAQ
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What insider transactions did SCL executive Richard Finn report?
Were Richard Finn’s Stepan (SCL) transactions open-market buys or sells?
How do the RSUs in Richard Finn’s Stepan award vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.