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    SEC Form 8-K filed by Stepan Company

    6/9/25 7:12:50 AM ET
    $SCL
    Package Goods/Cosmetics
    Consumer Discretionary
    Get the next $SCL alert in real time by email
    8-K
    STEPAN CO false 0000094049 0000094049 2025-06-09 2025-06-09
     
     

    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): June 9, 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. ☐

     

     
     


    Item 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

    On June 9, 2025, the Board of Directors (the “Board”) of Stepan Company (the “Company”) announced that the Board increased the size of the Board by one to a total of eight Directors and appointed Corning Painter as a Director, effective immediately. Mr. Painter was appointed to Class I of the Board. The next election of Class I Directors will be at the 2026 annual meeting of the Company’s stockholders. The Board also appointed Mr. Painter as a member of the Board’s Audit Committee, Compliance Committee, Human Capital and Compensation Committee and Nominating and Corporate Governance Committee.

    As a Director, Mr. Painter will participate in the Company’s standard non-employee Director compensation arrangements described on pages 57-59 of the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 25, 2025.

    A copy of the press release announcing the appointment of Mr. Painter to the Board is attached as Exhibit 99.1 hereto and incorporated herein by reference.

     

    Item 9.01.

    Financial Statements and Exhibits

     

      (d)

    Exhibits

     

    Exhibit

      

    Description

    99.1    Press Release of Stepan Company dated June 9, 2025
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

          STEPAN COMPANY
    Date: June 9, 2025     By:  

    /s/ Kamel Aranki

          Kamel Aranki
          Interim General Counsel and Interim Assistant Secretary
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