---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-138222"
form_type: "8-K/A"
ticker: "SCL"
cik: "0000094049"
company_name: "STEPAN CO"
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:54:00.792356+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stepan CEO Scott Behrens separation: $2.82M severance, equity acceleration, 18-month non-compete

## Summary
- Cash severance of $2,820,000 paid in equal installments over 18 months.
- Unvested equity awards vest pro-rata; performance awards paid if conditions met.
- COBRA subsidy for 18 months and 9 months of executive outplacement provided.
- Behrens agreed to 18-month non-competition, non-solicitation, and indefinite confidentiality.
- Employment ended Nov 1, 2024; separation agreement effective Dec 15, 2024.

## SEC filing metadata
- accession: 0000950170-24-138222
- form_type: 8-K/A
- ticker: SCL
- cik: 0000094049
- company_name: STEPAN CO
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/94049/000095017024138222/0000950170-24-138222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/94049/000095017024138222/scl-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-138222
- JSON: https://secwatch.observer/filing/0000950170-24-138222.json
- Plain text: https://secwatch.observer/filing/0000950170-24-138222.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.