Equity grants to Stepan (NYSE: SCL) VP under incentive plan

Rhea-AI Filing Summary

STEPAN CO reported that executive Richard Finn Stepan, Vice President and General Manager, Polymers, received several equity incentives. On March 2, 2026, he was granted 7,155 stock appreciation rights that vest ratably over three years, beginning on that date.

He also acquired 2,497 performance shares and 4,994 restricted stock units, each representing a contingent right to receive one share of Stepan common stock. The performance shares vest when the company certifies that performance goals for the period ending December 31, 2028 are achieved, while the RSUs vest ratably over three years from the grant date.

On February 27, 2026, he was awarded 56.765 shares of common stock at $52.51 per share. The filing also lists indirect common stock holdings attributed to his daughter, son, spouse, a trust, and an ESOP II trust, reflecting additional ownership positions reported as indirect.

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^*

Stepan Richard Finn

(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)
	V.P. and Gen'l. Mgr., Polymers

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		56.765	A	$52.51	241,395.915	D
Common Stock								43,439	I	By Daughter
Common Stock								43,439	I	By Daughter
Common Stock								43,439	I	By Son
Common Stock								5,174	I	By Spouse
Common Stock								95,416	I	By Trust
Common Stock								1,238.22	I	By ESOP II Trust

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
Stock Appreciation Right	$17.47	03/02/2026		A		7,155		03/02/2027(1)	03/03/2036	Common Stock	7,155	$0	7,155	D
Performance Shares	(2)	03/02/2026		A		2,497		(3)	(3)	Common Stock	2,497	$0	2,497	D
Restricted Stock Units	(4)	03/02/2026		A		4,994		03/02/2027(5)	03/02/2029	Restricted Stock Units	4,994	$0	4,994	D

Explanation of Responses:

1. Vests ratably over three years beginning on the date shown.

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

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

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

5. Vests ratably over three years beginning on the date shown.

	/s/ James A. Hart, attorney-in-fact for Mr. Richard Stepan	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 (SCL) executive Richard Finn Stepan receive?

Richard Finn Stepan received stock appreciation rights, performance shares, restricted stock units, and common stock. The grants include 7,155 SARs, 2,497 performance shares, 4,994 RSUs, and 56.765 common shares, all tied to Stepan Company’s equity compensation arrangements.

How do the new Stepan (SCL) performance shares for Richard Finn Stepan vest?

The performance shares vest based on Stepan achieving defined performance goals. Each performance share equals one common share and vests when Stepan certifies it met performance targets for the period ending December 31, 2028, aligning the award with multi‑year company results.

What are the vesting terms of Richard Finn Stepan’s RSUs at Stepan (SCL)?

The restricted stock units vest ratably over three years from the grant date. Each RSU represents a contingent right to receive one Stepan common share, rewarding the executive over time as continued service and other plan conditions are satisfied.

At what price was the common stock awarded to Richard Finn Stepan at Stepan (SCL)?

He was awarded 56.765 shares of common stock at $52.51 per share. This award occurred on February 27, 2026, and adds directly to his common stock holdings reported as owned in the Form 4 filing.

What indirect Stepan (SCL) holdings are reported for Richard Finn Stepan?

The filing reports indirect common stock holdings through family members and trusts. Positions are listed as held by his daughter, son, spouse, a trust, and an ESOP II trust, showing additional ownership reported as indirect rather than directly held.