Insider Trends: 90-Day Insider Buying Trend Reduced with Disposition of Stepan Company Shares
03:50 PM EDT, 05/11/2021 (MT Newswires) -- Luis Rojo, VP & Chief Financial Officer, on May 10, 2021, sold 1,000 shares in Stepan Company (SCL) for $137,700. Following the Form 4 filing with the SEC, Rojo has 2,210 shares of the company, which have a market value of $300,405 as of the prior-day closing price.
In the 90 days prior to the date of this filing, there have been 55 insider transactions reported to the SEC for Stepan Company. These transactions came from the activities of 17 separate insiders that resulted in a net acquisition of 10,237 company shares. Relative to the preceding 90-day window of time, there were 7 transactions from 3 insiders that resulted in the net acquisition of 10,347 shares.
This is a lower level of transactions than the peer group average in the 34-company Specialty Chemicals peer group over the last 90-day period. Within the peer group activity averaged 120.1 transactions per company, and disposition of 125,331 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/94049/000112760221016213/xslF345X03/form4.xml
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