Stepan (NYSE: SCL) VP logs RSU share vesting and tax-withholding stock disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stepan Company executive Richard Finn reported mixed equity transactions tied to restricted stock units (RSUs). On March 3 and 4, 2026, RSUs covering 1,253 and 429 units were settled into an equal number of Stepan common shares per award terms.
To cover tax liabilities on these vestings, Finn disposed of 434 and 149 common shares through tax-withholding transactions at prices of $48.985 and $49.615 per share. He continues to hold additional shares both directly and indirectly through family members and various trusts, as reflected in updated ownership balances.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,682 shares exercised/converted
Mixed
12 txns
Insider
Stepan Richard Finn
Role
V.P. and Gen'l. Mgr., Polymers
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 429 | $0.00 | -- |
| Tax Withholding | Common Stock | 149 | $49.615 | $7K |
| Exercise | Common Stock | 429 | $49.615 | $21K |
| Exercise | Restricted Stock Units | 1,253 | $0.00 | -- |
| Tax Withholding | Common Stock | 434 | $48.985 | $21K |
| Exercise | Common Stock | 1,253 | $48.985 | $61K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 429 shares (Direct);
Common Stock — 242,494.915 shares (Direct);
Common Stock — 43,439 shares (Indirect, By Daughter)
Footnotes (1)
- Withholding of shares to satisfy tax liability on the vesting of RSUs. The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock. Vests ratably over three years beginning on the date shown. Each RSU represents a contingent right to receive one share of Stepan Company common stock. Vest ratably over three years beginning on the date shown.
FAQ
What insider transactions did SCL executive Richard Finn report on this Form 4?
Richard Finn reported RSU settlements into Stepan common stock and related tax-withholding share dispositions. RSUs vesting on March 3 and 4, 2026 converted into shares, with portions of common stock withheld to satisfy tax liabilities per the award terms and Form 4 footnotes.
How many Stepan (SCL) restricted stock units vested for Richard Finn?
Two RSU awards vested for Richard Finn, covering 1,253 units on March 3, 2026 and 429 units on March 4, 2026. Each RSU represents a contingent right to receive one share of Stepan Company common stock, so these vestings were settled in an equal number of common shares.
How does this Form 4 describe Richard Finn’s indirect Stepan (SCL) holdings?
The Form 4 lists several indirect ownership positions for Richard Finn, including shares held by his daughter, son, spouse, a trust, and an ESOP II trust. These entries report updated total indirect share balances, clarifying the nature of ownership but not showing new buy or sell transactions.
Do the RSU awards for Stepan (SCL) executive Richard Finn vest over time?
Yes, the RSU awards vest over time. A footnote explains that the restricted stock units vest ratably over three years beginning on the date shown, meaning portions of each RSU grant convert into Stepan common stock each year across that three-year vesting schedule.