Stepan (NYSE: SCL) VP reports RSU vesting and 50-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stepan Company VP and GM Surfactants-INT Robin Joseph Weitkamp reported routine compensation-related equity activity involving restricted stock units (RSUs) and common stock.
On May 11, 2026, 90 RSUs were settled into 90 shares of common stock per the award terms. To cover tax obligations on the RSU vesting, 50 shares of common stock were withheld at a value of $52.58 per share, leaving 40 shares of common stock held directly after the transactions. The filing also shows 96.9 shares of common stock held indirectly through the ESOP II Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
90 shares exercised/converted
Mixed
4 txns
Insider
Weitkamp Robin Joseph
Role
VP and GM Surfactants-INT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90 | $0.00 | -- |
| Exercise | Common Stock | 90 | $52.58 | $5K |
| Tax Withholding | Common Stock | 50 | $52.58 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 190 shares (Direct, null);
Common Stock — 90 shares (Direct, null);
Common Stock — 96.9 shares (Indirect, By ESOP II Trust)
Footnotes (1)
- The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award. Withholding of shares to satisfy tax liability on the vesting of RSUs. Each RSU represents a contingent right to receive one share of Stepan Company common stock. Vests ratably over three years beginning on the date shown.
Key Figures
RSUs vested and settled: 90 units
Shares withheld for taxes: 50 shares
Tax withholding price: $52.58 per share
+3 more
6 metrics
RSUs vested and settled
90 units
RSUs settled into common stock on May 11, 2026
Shares withheld for taxes
50 shares
Withholding on RSU vesting at $52.58 per share
Tax withholding price
$52.58 per share
Value applied to 50 withheld shares
Direct holdings after transaction
40 shares
Common stock directly held following RSU-related activity
Indirect ESOP II holdings
96.9 shares
Common stock held indirectly via ESOP II Trust
RSU derivative balance
190 units
Restricted Stock Units reported outstanding after transaction
Key Terms
Restricted Stock Units, tax-withholding disposition, ESOP II Trust, contingent right to receive one share, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
ESOP II Trust financial
"By ESOP II Trust"
vests ratably over three years financial
"Vests ratably over three years beginning on the date shown."
FAQ
What did Stepan Co (SCL) executive Robin Weitkamp report in this Form 4?
Robin Weitkamp reported routine equity compensation activity involving restricted stock units. 90 RSUs vested and converted into common shares, with part of the shares withheld to satisfy tax obligations related to the vesting event.
How many Stepan Co (SCL) RSUs vested and converted into common stock?
A total of 90 restricted stock units vested and were settled in common stock. Each RSU represents the right to receive one share of Stepan Company common stock under the terms of the equity award agreement.
What indirect Stepan Co (SCL) holdings are reported for Robin Weitkamp?
The filing shows 96.9 shares of Stepan common stock held indirectly through ESOP II Trust. These shares are reported as indirect ownership, separate from the 40 directly held shares resulting from the RSU vesting activity.
Are the Stepan Co (SCL) Form 4 transactions open-market buys or sells?
The transactions are not open-market trades. They involve RSUs converting into common stock and a tax-withholding disposition, where 50 shares were withheld to cover tax liabilities associated with the RSU vesting event.