[Form 4] STEPAN CO Insider Trading Activity
Rhea-AI Filing Summary
Stepan Co President & CEO Luis Rojo reported equity awards that increase his stake in the company. On March 2, 2026, he received 19,976 Restricted Stock Units, 39,952 performance shares, and a Stock Appreciation Right covering 57,241 shares, all at a stated price of $0.00 per unit.
Each RSU and performance share represents a contingent right to receive one share of Stepan common stock, with RSUs vesting in equal installments over three years and performance shares vesting after certification of performance for the period ending December 31, 2028. On February 27, 2026, he also acquired 56.765 shares of common stock at $52.51 per share, bringing his directly held common stock to 15,697.666 shares, plus 511.83 shares held indirectly through an ESOP II trust.
Positive
- None.
Negative
- None.
Insights
CEO received sizable stock-based awards, aligning pay with long-term performance.
The transactions show Luis Rojo, President & CEO of Stepan Co, receiving RSUs, performance shares, and a stock appreciation right on March 2, 2026. These are non-cash equity awards, with stated grant prices of $0.00 per unit.
RSUs vest ratably over three years, while performance shares vest only after certification of performance for the period ending December 31, 2028. This structure ties a meaningful portion of potential value to multi-year service and performance conditions rather than immediate cash pay.
The CEO also received a smaller common stock award of 56.765 shares at $52.51 on February 27, 2026. Overall, these grants appear to be routine executive compensation, so the information is directionally neutral for investors, though it modestly increases the CEO’s direct and indirect equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19,976 | $0.00 | -- |
| Grant/Award | Performance Shares | 39,952 | $0.00 | -- |
| Grant/Award | Stock Appreciation Right | 57,241 | $0.00 | -- |
| Grant/Award | Common Stock | 56.765 | $52.51 | $3K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028.