STEPAN CO (SCL) CFO receives RSUs, performance shares and SARs

Rhea-AI Filing Summary

STEPAN CO reported new equity awards granted to Vice President and Chief Financial Officer Ruben Dario Velasquez. On February 27, 2026, he acquired 35.601 shares of common stock at $52.51 per share as an award. On March 2, 2026, he received grants of 5,993 restricted stock units, 2,996 performance shares, and 8,586 stock appreciation rights, all recorded at a price of $0. Each restricted stock unit and performance share represents a contingent right to receive one share of common stock, with the restricted stock units vesting ratably over three years and the performance shares vesting based on performance goals for a period ending December 31, 2028.

SEC Form 4

FORM 4

UNITED 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

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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 IL 60062

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
STEPAN CO [ SCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP and Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		A		35.601	A	$52.51	35.601	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/02/2026		A		5,993		03/02/2027(2)	03/02/2029	Restricted Stock Units	5,993	$0	5,993	D
Performance Shares	(3)	03/02/2026		A		2,996		(4)	(4)	Common Stock	2,996	$0	2,996	D
Stock Appreciation Right	$17.47	03/02/2026		A		8,586		03/02/2027(2)	03/03/2036	Common Stock	8,586	$0	8,586	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of Stepan Company common stock.

2. Vest ratably over three years beginning on the date shown.

3. Each performance share represents a contingent right to receive one share of Stepan Company common stock.

4. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028.

	/s/ James A. Hart, attorney-in-fact for Ruben D. Velasquez	03/04/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What equity awards did STEPAN CO (SCL) grant to its CFO Ruben Dario Velasquez?

STEPAN CO granted Ruben Dario Velasquez 5,993 restricted stock units, 2,996 performance shares, 8,586 stock appreciation rights, and 35.601 shares of common stock. All awards were reported as acquisitions and form part of his equity-based compensation.

When were the latest equity awards to STEPAN CO (SCL) CFO granted and recorded?

The common stock award of 35.601 shares was dated February 27, 2026, at $52.51 per share. The grants of restricted stock units, performance shares, and stock appreciation rights were dated March 2, 2026, and were recorded at a price of $0 per unit.

How do the STEPAN CO (SCL) restricted stock units granted to the CFO vest?

Each restricted stock unit represents a contingent right to receive one share of STEPAN CO common stock. These restricted stock units vest ratably over three years beginning on the grant date, aligning the CFO’s compensation with multi-year service and company performance.

What are the terms of the performance shares granted by STEPAN CO (SCL) to its CFO?

Each performance share represents a contingent right to receive one share of common stock. The performance shares vest upon certification that STEPAN CO has achieved specified performance goals for the performance period ending December 31, 2028.

Are the STEPAN CO (SCL) CFO’s recent equity awards open-market purchases or compensation grants?

All reported transactions are coded as awards or other acquisitions, indicating compensation-related grants rather than open-market purchases. They include restricted stock units, performance shares, stock appreciation rights, and a small common stock award.

What is the size of the stock appreciation right grant to the STEPAN CO (SCL) CFO?

The stock appreciation right grant to the CFO covers 8,586 units, reported at a transaction price of $0. These rights provide derivative-based compensation linked to STEPAN CO’s common stock value, in addition to his other equity awards.