Stepan (NYSE: SCL) VP reports RSU vesting and share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stepan Company executive Sean Thomas Moriarty reported RSU vesting transactions and related tax withholding. On March 3 and 4, 2026, restricted stock units converted into common shares per award terms, and a portion of the resulting stock was withheld to cover tax liabilities, with remaining shares increasing his direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,241 shares exercised/converted
Mixed
7 txns
Insider
Moriarty Sean Thomas
Role
VP & GM Surfactants
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 571 | $0.00 | -- |
| Tax Withholding | Common Stock | 166 | $49.615 | $8K |
| Exercise | Common Stock | 571 | $49.615 | $28K |
| Exercise | Restricted Stock Units | 1,670 | $0.00 | -- |
| Tax Withholding | Common Stock | 570 | $48.985 | $28K |
| Exercise | Common Stock | 1,670 | $48.985 | $82K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 572 shares (Direct);
Common Stock — 15,710.234 shares (Direct);
Common Stock — 4,478.351 shares (Indirect, By ESOP II Trust)
Footnotes (1)
- Withholding of shares to satisfy tax liability on the vesting of RSUs. The restricted stock units ("RSUs") were settled in shares of common stock per the terms of the award. Each restricted stock unit ("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 RSU represents a contingent right to receive one share of Stepan Company common stock. Vest ratably over three years beginning on the date shown.
FAQ
What insider transactions did Stepan (SCL) executive Sean Thomas Moriarty report?
Sean Thomas Moriarty reported RSU-related transactions on March 3 and 4, 2026. Restricted stock units converted into Stepan common stock, and some of the resulting shares were withheld to satisfy tax liabilities, with the balance added to his directly owned shareholdings.
What do the tax-withholding transactions mean in the Stepan (SCL) Form 4?
The Form 4 shows dispositions coded “F,” meaning shares were withheld to pay taxes on RSU vesting. On March 3 and 4, 2026, portions of the newly delivered common stock were used to satisfy tax liabilities instead of being retained as additional holdings.
What is Moriarty’s Stepan (SCL) direct common stock ownership after these transactions?
After the reported RSU conversions and tax-withholding dispositions, Moriarty’s direct common stock holdings are shown as 15,876.2335 and 15,710.2335 shares at different points. These figures reflect sequential ownership after individual transactions on March 3 and March 4, 2026.
How are Moriarty’s Stepan (SCL) RSU awards structured according to the filing?
The RSU awards vest ratably over three years beginning on the dates shown. Each restricted stock unit represents a contingent right to receive one share of Stepan Company common stock, and upon vesting, the RSUs are settled in shares in line with the award terms.
Does Moriarty have indirect Stepan (SCL) ownership through an ESOP trust?
Yes. The Form 4 lists 4,478.3510 Stepan common shares as indirectly owned “By ESOP II Trust.” This entry reflects indirect ownership through the ESOP trust structure, separate from Moriarty’s directly held common stock and restricted stock unit positions.