Stepan (NYSE: SCL) director exercises 34,741 stock options, holds shares
Rhea-AI Filing Summary
Stepan Company director F. Quinn Stepan Jr. reported exercising 34,741 employee stock options on January 13, 2026 at an exercise price of $43.85 per share. The options converted into the same number of Stepan common shares in an exercise-and-hold transaction, leaving him with 160,960.262 common shares held directly.
In addition to these directly held shares, the filing lists various indirect holdings of Stepan common stock through entities such as a family LLC, several family trusts, an ESOP trust, and accounts associated with his spouse and other family members. For certain of these positions, he disclaims beneficial ownership except to the extent of any pecuniary interest, and some shares are held in estates or plans where he serves in an administrative role.
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FAQ
What insider transaction did Stepan (SCL) report for F. Quinn Stepan Jr.?
The Form 4 shows that director F. Quinn Stepan Jr. exercised 34,741 employee stock options for Stepan common stock on January 13, 2026, receiving the same number of shares.
At what price were the Stepan (SCL) options exercised by the director?
The employee stock options were exercised at a price of $43.85 per share, converting into 34,741 shares of Stepan common stock.
How many Stepan (SCL) shares does F. Quinn Stepan Jr. hold directly after this transaction?
Following the reported option exercise, F. Quinn Stepan Jr. directly holds 160,960.262 shares of Stepan common stock.
Does the Form 4 indicate any sale of Stepan (SCL) shares by the director?
The transaction is described as an exercise and hold of stock options, meaning options were exercised into 34,741 shares without a reported sale in this filing.
What indirect Stepan (SCL) share holdings are associated with F. Quinn Stepan Jr.?
The filing lists indirect ownership of Stepan common stock through a family LLC, multiple family trusts, an ESOP, and family-related accounts. For some of these, he disclaims beneficial ownership except for any pecuniary interest.
What do the footnotes in the Stepan (SCL) Form 4 say about beneficial ownership?
Footnotes state that the shares received were from an exercise and hold option transaction, that some holdings are in joint tenancy with spouse, and that the reporting person disclaims beneficial ownership of certain securities except for any pecuniary interest. They also note shares held by an estate where he serves as executor.