Stepan Co Files 8-K on Financial Obligation

Ticker: SCL · Form: 8-K · Filed: 2025-05-21T00:00:00.000Z

Sentiment: neutral

Topics: debt, filing

TL;DR

Stepan Co just filed an 8-K about a new financial obligation - details TBD.

AI Summary

On May 21, 2025, Stepan Company filed an 8-K report detailing the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. The filing does not specify the exact nature or amount of the obligation, but it is a standard disclosure for such events.

Why It Matters

This filing indicates Stepan Company has entered into a new financial commitment, which could impact its balance sheet and future financial flexibility.

Risk Assessment

Risk Level: medium — The filing indicates a new financial obligation, the specifics of which are not detailed, creating uncertainty about its potential impact.

Key Players & Entities

FAQ

What is the specific nature of the financial obligation reported by Stepan Company?

The 8-K filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not provide specific details on the nature of this obligation.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on May 21, 2025.

What is Stepan Company's state of incorporation?

Stepan Company is incorporated in Delaware.

What is Stepan Company's IRS Employer Identification Number?

Stepan Company's IRS Employer Identification Number is 36-1823834.

Where are Stepan Company's principal executive offices located?

Stepan Company's principal executive offices are located at 1101 Skokie Boulevard, Suite 500, Northbrook, Illinois 60062.

From the Filing

0001193125-25-124025.txt : 20250521 0001193125-25-124025.hdr.sgml : 20250521 20250521163114 ACCESSION NUMBER: 0001193125-25-124025 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250521 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250521 DATE AS OF CHANGE: 20250521 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 EIN: 361823834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04462 FILM NUMBER: 25973564 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 1 d948042d8k.htm 8-K 8-K STEPAN CO false 0000094049 0000094049 2025-05-21 2025-05-21     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM  8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): 5/21/2025     STEPAN COMPANY (Exact name of registrant as specified in its charter)     Commission File Number: 1-4462   Delaware   36-1823834 (State or other jurisdiction of incorporation)   (IRS Employer Identification No.) 1101 Skokie Boulevard , Suite 500 ,  Northbrook ,  Illinois   60062 (Address of principal executive offices, including zip code) (847) 446-7500 (Registrant’s telephone number, including area code) (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 (see General Instructions A.2. below):   ☐ 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   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. ☐       Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. As previously disclosed, on June 10, 2021, Stepan Company (“Stepan”) entered into a Note Purchase and Private Shelf Agreement by and among Stepan, PGIM, Inc., the Purchasers named in the Purchaser Schedule attached thereto and each other Prudential Affiliate (as defined th

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