{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-302557","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2025-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.680843+00:00","generated_at":"2026-05-16T16:20:43.981764+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Stepan adopts Key Executive Severance Benefit Plan for CEO and NEOs","bullets":["Plan effective Nov 26, 2025; covers named executive officers with automatic participation.","Tier 1 (CEO Rojo): cash severance of 18 months (non-CIC) or 36 months (CIC) of base salary plus target bonus.","Tier 2 (other NEOs): cash severance of 12 months (non-CIC) or 24 months (CIC) of base salary plus target bonus.","Health insurance premium subsidy for up to the severance period; lump-sum cash severance paid 60 days post-separation.","Plan replaces prior individual severance agreements for participants; requires signed release and restrictive covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-302557","json":"https://secwatch.observer/filing/0001193125-25-302557.json","markdown":"https://secwatch.observer/filing/0001193125-25-302557.md","text":"https://secwatch.observer/filing/0001193125-25-302557.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000119312525302557/0001193125-25-302557-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000119312525302557/d75232d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:20:43.981764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}