STOCK TITAN

Stepan Co (SCL) CFO settles RSUs into stock, withholds shares for taxes

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. F1. The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.
  2. F2. Withholding of shares to satisfy tax liability on the vesting of RSUs.
  3. F3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
  4. F4. Vest ratably over three years beginning on the date shown.
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
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.
withholding of shares financial
"Withholding of shares to satisfy tax liability on the vesting of RSUs."
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.

What share price was used for the Stepan Co (SCL) RSU settlement and tax withholding?

The RSU settlement and related tax withholding used a per-share value of $64.675. This price applied both to the common stock received upon RSU settlement and to the shares withheld for tax liabilities.

How many Stepan Co (SCL) shares were withheld for taxes on the CFO’s RSU vesting?

In connection with the RSU vesting, 398 shares of Stepan Co common stock were withheld to satisfy tax liabilities, as disclosed in the transaction footnotes describing the tax-withholding disposition.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Velasquez Ruben Dario

(Last)(First)(Middle)
1101 SKOKIE BOULEVARD, SUITE 500

(Street)
NORTHBROOK ILLINOIS 60062

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
STEPAN CO [ SCL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/10/2026M(1)1,358A$64.6751,393.601D
Common Stock08/10/2026F(2)398D$64.675995.601D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)08/10/2026M1,35808/08/2026(4)08/08/2028Restricted Stock Units1,358$02,716D
Explanation of Responses:
1. The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award.
2. Withholding of shares to satisfy tax liability on the vesting of RSUs.
3. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock.
4. Vest ratably over three years beginning on the date shown.
/s/ Darina A. Koleva, attorney-in-fact for Ruben D. Velasquez08/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)