Stepan Co (SCL) director files Form 4 for stock gift and indirect holdings
Rhea-AI Filing Summary
Stepan Co director reports an insider stock transaction. A director of Stepan Co (ticker SCL) filed a Form 4 for a transaction dated 12/23/2025. The filing shows a gift transaction (code G) of 95.858 shares of Stepan common stock at a stated price of $0, reflecting a transfer without consideration. After this transaction, the director directly beneficially owns 126,219.262 shares of Stepan common stock.
The report also lists extensive indirect holdings in Stepan common stock through various vehicles, including an ESOP II trust, multiple family limited liability companies and family trusts, a spouse, a father, and an estate, with certain interests expressly disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Stepan Co (SCL) report in this Form 4?
The Form 4 reports a gift transaction (code G) on 12/23/2025 involving 95.858 shares of Stepan Co common stock at a stated price of $0.
How many Stepan Co (SCL) shares does the director directly own after the reported transaction?
Following the reported gift, the director beneficially owns 126,219.262 shares of Stepan Co common stock in direct form.
What is the reporting persons relationship to Stepan Co (SCL)?
The reporting person is identified as a Director of Stepan Co, as indicated in the relationship section of the filing.
What indirect holdings of Stepan Co (SCL) shares are disclosed in the Form 4?
The filing lists multiple indirect holdings, including shares held by an ESOP II Trust, several family LLCs, multiple family trusts, a spouse, a father and a fathers ESOP, as well as an estate where the reporting person serves as executor.
Does the Stepan Co (SCL) director disclaim beneficial ownership of any indirect shares?
Yes. The filing states that the reporting person disclaims beneficial ownership of certain securities, including some family-related holdings, except to the extent of any pecuniary interest in those shares.
Is the Stepan Co (SCL) Form 4 filed by one or multiple reporting persons?
The document indicates that the Form is filed by one reporting person, not by a group.
What explanations are provided for some Stepan Co (SCL) indirect holdings?
The explanations clarify that certain shares are held in joint tenancy with a spouse, that some interests are disclaimed except for pecuniary interest, and that other shares are held by an estate where the reporting person is executor.