Stepan Co (SCL) CFO settles RSUs into stock, withholds shares for taxes
Rhea-AI Filing Summary
Stepan Co senior vice president and chief financial officer Ruben Dario Velasquez reported the vesting and settlement of 1,358 Restricted Stock Units (RSUs) on August 10, 2026. Each RSU represented a contingent right to receive one share of common stock, and the RSUs were settled in common shares at a reference price of $64.675 per share. In connection with the vesting, 398 common shares were withheld to satisfy tax liabilities, with the remainder retained as directly owned common stock. After the derivative transaction, 2,716 RSUs remained outstanding, vesting ratably over three years beginning on the award date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 960 shares
Net Buy
3 txns
Insider
Velasquez Ruben Dario
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 1,358 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,358 | $64.675 | $88K |
| Tax Withholding | Common Stock F2 | 398 | $64.675 | $26K |
Holdings After Transaction:
Restricted Stock Units — 2,716 shares (Direct);
Common Stock — 995.601 shares (Direct)
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 restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
- F4. Vest ratably over three years beginning on the date shown.
Key Figures
RSUs exercised: 1,358 units
RSUs remaining: 2,716 units
RSU settlement price: $64.675 per share
+3 more
6 metrics
RSUs exercised
1,358 units
Restricted Stock Units settled into common stock on 2026-08-10
RSUs remaining
2,716 units
Restricted Stock Units held after the derivative transaction
RSU settlement price
$64.675 per share
Per-share value used for common stock received upon RSU settlement
Shares withheld for taxes
398 shares
Common shares withheld to satisfy tax liability on RSU vesting
RSU exercise date
2026-08-08
Exercise date reported for the Restricted Stock Units
RSU expiration date
2028-08-08
Expiration date reported for the Restricted Stock Units
Key Terms
Restricted Stock Units, withholding of shares, contingent right, vest ratably
4 terms
Restricted Stock Units financial
"The restricted stock units ("RSUs") were settled in shares of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
vest ratably financial
"Vest ratably over three years beginning on the date shown."
FAQ
What did Stepan Co (SCL) CFO Ruben D. Velasquez report in this Form 4?
Ruben D. Velasquez reported the vesting and settlement of 1,358 Restricted Stock Units into Stepan Co common stock, along with a related tax-withholding share disposition, all as part of his equity compensation.
How many Stepan Co (SCL) RSUs did the CFO have after the reported transaction?
Following the derivative exercise, Ruben D. Velasquez held 2,716 Restricted Stock Units. These RSUs continue to vest ratably over three years beginning on the grant date, according to the award terms.
Were the Stepan Co (SCL) CFO’s transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not marked, and the footnotes describe RSU vesting and tax withholding, rather than sales under a pre-arranged Rule 10b5-1 trading plan.
How do the Stepan Co (SCL) CFO’s RSUs vest over time?
The award footnotes state the Restricted Stock Units vest ratably over three years beginning on the date shown, meaning equal portions of the award vest in successive years after the grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.