[Form 4] Stepan Co. Insider Trading Activity

Rhea-AI Filing Summary

Stepan Co. insider report: Richard F. Stepan, a company officer (V.P. and Gen'l. Mgr., Polymers) and director, received shares from his late mother's estate on 08/12/2025. He directly acquired 20,675 shares and a trust received 2,449 shares, both recorded as acquisitions at no cash price. After the reported transactions the filing shows Mr. Stepan directly beneficially owns 241,020.292 shares. The form also lists indirect holdings attributed to family and trusts, including 95,416 shares held by a trust, 43,439 shares attributed to a daughter, 43,439 to a son, 5,174 to a spouse and 1,238.22 to an ESOP II Trust. The filing documents the transfers as distributions from the reporting person's mother's estate.

Positive

• Direct beneficial ownership increased by 20,675 shares via estate transfer, bringing reported direct holdings to 241,020.292 shares

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider acquired shares via estate transfer; reported holdings increased by 20,675 shares to 241,020.292 direct shares.

The Form 4 shows a non-purchase acquisition (code W) where the reporting person received 20,675 shares and a related trust received 2,449 shares from the reporting person's mother's estate on 08/12/2025. The filing records the direct beneficial position as 241,020.292 shares post-transaction and identifies multiple indirect holdings by family members and trusts. This is a routine estate transfer disclosure rather than an open-market trading signal; materiality versus company float or outstanding shares is not provided in the filing.

Corporate Governance Expert

TL;DR: Estate distributions increased insider and related-party holdings; disclosure aligns with Section 16 reporting requirements.

The filing lists the reporting person as an officer and director and discloses transfers from an estate to the reporting person and an affiliated trust. It also itemizes indirect holdings attributed to family members and an ESOP trust. The entry is presented as an inherited transfer (zero consideration), and the signature is executed by an attorney-in-fact. The disclosure fulfills Form 4 obligations by reporting changes in beneficial ownership; the form contains no statements about sales, purchases for consideration, or new compensatory grants.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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)
08/12/2025

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	08/12/2025		W(1)	V	20,675	A	$0	241,020.292	D
Common Stock	08/12/2025		W(2)	V	2,449	A	$0	95,416	I	By Trust
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								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

Explanation of Responses:

1. On August 12, 2025, the reporting person received 20,675 shares from his mother's estate.

2. On August 12, 2025, the trust received 2,449 shares from the reporting person's mother's estate.

	/s/ Stephanie J. Pacitti, attorney-in-fact for Richard F. Stepan	08/14/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for Stepan Co. (SCL)?

Richard F. Stepan, reported by signature of an attorney-in-fact (Stephanie J. Pacitti).

What transactions are reported on this Form 4 for SCL?

On 08/12/2025 the reporting person received 20,675 shares and a trust received 2,449 shares from the reporting person's mother's estate (reported as acquisitions at no cash price).

What is Richard F. Stepan's relationship to Stepan Co. (SCL)?

The form identifies him as a V.P. and Gen'l. Mgr., Polymers and as a company director and officer.

What were Mr. Stepan's reported beneficial holdings after the transaction?

The filing shows 241,020.292 shares beneficially owned directly; a trust is shown with 95,416 shares indirectly.

Are any indirect holdings disclosed on the Form 4?

Yes. The form lists indirect holdings attributed to family and plans, including 43,439 shares (daughter), 43,439 (son), 5,174 (spouse) and 1,238.22 (ESOP II Trust).

Were the shares purchased on the open market?

No. The shares are reported as received from an estate distribution and recorded with $0 price (code W).