Stepan Co (SCL) EVP reports RSU settlement and insider share changes
Rhea-AI Filing Summary
Stepan Company executive Robert Haire reported equity award activity involving Stepan Co. (SCL) common stock. On 12/31/2025, restricted stock units (RSUs) were settled in shares of common stock, resulting in the acquisition of 1,891 shares at a price of $47.205 per share. After this transaction, Haire beneficially owned 2,482 shares of common stock directly and 90.269 shares indirectly through an ESOP II Trust.
In connection with the RSU vesting, 574 RSUs were withheld to satisfy tax liabilities, leaving 1,318 RSUs beneficially owned following the reported transactions. Each RSU represents a contingent right to receive one share of Stepan Company common stock, and these RSUs vest ratably over two years beginning on the date shown.
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FAQ
What insider transaction did Stepan Co (SCL) report for EVP, Supply Chain Robert Haire?
The filing reports that 1,891 restricted stock units were settled in Stepan Company common stock on 12/31/2025, resulting in the acquisition of 1,891 shares at $47.205 per share.
How many Stepan Co (SCL) shares does the executive beneficially own after this transaction?
Following the reported transactions, the executive beneficially owned 2,482 shares of Stepan Company common stock directly and 90.269 shares indirectly through an ESOP II Trust.
What happened to the restricted stock units (RSUs) in this Stepan Co (SCL) filing?
The RSUs were settled in shares of common stock per the award terms. Each RSU represents a contingent right to receive one share of Stepan Company common stock and vests ratably over two years beginning on the stated date.
Why were some Stepan Co (SCL) RSUs reported as disposed of?
The filing states that 574 RSUs were disposed of through the withholding of shares to satisfy the executive’s tax liability upon RSU vesting, at a price of $47.205 per share.
How many Stepan Co (SCL) RSUs does the executive hold after the transaction?
After the reported transactions, the executive beneficially owned 1,318 restricted stock units, each representing the right to receive one share of Stepan Company common stock.
What is the vesting schedule of the Stepan Co (SCL) restricted stock units?
The RSUs vest ratably over two years beginning on the date shown in the filing, as described in the explanation of responses.