Stepan Co. Amends Director Changes and Compensation Filings

TL;DR

Stepan Co. filed an 8-K/A updating director changes and executive pay details.

AI Summary

Stepan Company filed an 8-K/A on March 20, 2025, to amend a previous filing concerning the departure of Director John L. Stauch and the election of new Director Michael J. Bingle, effective January 29, 2025. The filing also addresses compensatory arrangements for certain officers.

Why It Matters

This amendment clarifies changes in the company's board of directors and executive compensation, which are crucial for understanding corporate governance and potential impacts on shareholder value.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing and does not introduce new material events or financial distress.

Key Players & Entities

• Stepan Company (company) — Registrant
• John L. Stauch (person) — Departing Director
• Michael J. Bingle (person) — Elected Director
• January 29, 2025 (date) — Effective date of director changes
• March 20, 2025 (date) — Filing date of 8-K/A

FAQ

From the Filing

0000950170-25-042751.txt : 20250320 0000950170-25-042751.hdr.sgml : 20250320 20250320170009 ACCESSION NUMBER: 0000950170-25-042751 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250129 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEPAN CO CENTRAL INDEX KEY: 0000094049 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 361823834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-04462 FILM NUMBER: 25757325 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 8-K/A 1 scl-20250129.htm 8-K/A 8-K/A true 0000094049 0000094049 2025-01-29 2025-01-29   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K/A   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 29, 2025     STEPAN COMPANY (Exact name of Registrant as Specified in Its Charter)     Delaware 1-4462 36-1823834 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           1101 Skokie Boulevard Suite 500   Northbrook , Illinois   60062 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 847 446-7500     (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $1 par value   SCL   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Explanatory Note Stepan Company (the “Company”) previously disclosed on a Form 8-K filed on January 29, 2025, that David G. Kabbes, Vice President, General Counsel and Secretary, would retire from the Company effective March 14, 2025, following which Mr. Kabbes would provide transition support following his retirement. This Form 8-K/A hereby amends the original Form 8-K filed on January 29, 2025, to supplement the disclosure contained in Item 5.02 thereto and to file the exhibit referenced in Item 9.01