# EDGAR Filing Document

**Accession Number:** 0000094049
**File Stem:** 0001127602-23-005643
**Filing Date:** 2023-2
**Character Count:** 7427
**Document Hash:** b8093b4d22f9370593532c354ef05b35
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001127602-23-005643.hdr.sgml**: 20230216

**ACCESSION NUMBER**: 0001127602-23-005643

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230214

**FILED AS OF DATE**: 20230216

**DATE AS OF CHANGE**: 20230216

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Catlett Janet Anne
- **CENTRAL INDEX KEY:** 0001747846

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-04462
- **FILM NUMBER:** 23639843

**MAIL ADDRESS:**
- **STREET 1:** 22 WEST FRONTAGE ROAD
- **CITY:** NORTHFIELD
- **STATE:** IL
- **ZIP:** 60093
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** STEPAN CO
- **CENTRAL INDEX KEY:** 0000094049
- **STANDARD INDUSTRIAL CLASSIFICATION:** SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
- **IRS NUMBER:** 361823834
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** EDENS & WINNETKA ROAD
- **CITY:** NORTHFIELD
- **STATE:** IL
- **ZIP:** 60093
- **BUSINESS PHONE:** 8474467500

**MAIL ADDRESS:**
- **STREET 1:** EDENS & WINNETKA ROAD
- **CITY:** NORTHFIELD
- **STATE:** IL
- **ZIP:** 60093

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** STEPAN CHEMICAL CO /DE/
- **DATE OF NAME CHANGE:** 19840108

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>Catlett Janet Anne<br><sub>(Last) (First) (Middle)</sub><br>1101 SKOKIE BOULEVARD, SUITE 500<br><sub>(Street)</sub><br>NORTHBROOK, IL 60062<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-14 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_VP, CHRO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>STEPAN CO [ SCL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-14 |  | M |  | 1917 | A | <sup>(1)</sup> | 7081.796<sup>(2)</sup> | D |  |
| Common Stock |  |  |  |  |  |  |  | 274.257<sup>(2)</sup> | I | By Esop II Trust |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Performance Shares | <sup>(1)</sup> | 2023-02-14 |  | M |  |  | 1173 | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 1173 | <sup>(1)</sup> | 0 | D |  |
| Performance Shares | <sup>(3)</sup> | 2023-02-14 |  | A |  | 1365 |  | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1365 | $0 | 1365 | D |  |
| Restricted Stock Units | <sup>(4)</sup> | 2023-02-14 |  | A |  | 682 |  | 2024-02-14<sup>(5)</sup> | 2026-02-14 | Restricted Stock Units | 682 | $0 | 682 | D |  |
| Stock Appreciation Right | $109.92 | 2023-02-14 |  | A |  | 1898 |  | 2024-02-14<sup>(5)</sup> | 2033-02-14 | Common Stock | 1898 | $0 | 1898 | D |  |
| Share Units | <sup>(6)</sup> |  |  |  |  |  |  | <sup>(7)</sup> | <sup>(7)</sup> | Common Stock | 2650.34 |  | 2650.34<sup>(2)</sup> | D |  |

---

### Footnotes:

(1) The performance shares vested upon Stepan Company achieving certain financial targets by December 31, 2022.

(2) Includes exempt acquisitions under Rule 16a-11 pursuant to dividend reinvestments since the date of the reporting person's last report.

(3) Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon Stepan Company achieving certain financial targets by December 31, 2025.

(4) Each restricted stock unit ("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.

(6) Share Units convert on a one-for-one basis into Common Stock.

(7) Share Units are acquired under the Management Incentive Plan (As Amended and Restated Effective January 1, 2015) ("MIP"), a nonqualified deferred compensation plan which allows MIP participants to elect to defer all or a portion of their deferred compensation into accounts pursuant to MIP provisions.

**Signature:** /s/ Stephanie J. Pacitti, Attorney-in-Fact for Janet A. Catlett  
**Date:** 2023-02-16

### Remarks:

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.**