Haire Robert Joseph, EVP of Supply Chain at Stepan Company (NYSE: SCL), has demonstrated a clear buy-heavy trading pattern over the past two years, with $287,934 in total purchases compared to $85,376 in sales across 24 transactions. His activity centers exclusively on SCL shares, with no trades in other securities. The transactions follow a recurring pattern: most sales are coded as "M" (market sales) or "F" (tax withholding), while buys are typically "A" (awards of equity). Notably, his largest transactions include a $89,265 market sale on December 31, 2025, and an $81,805 sale on March 3, 2026, both paired with smaller tax withholding dispositions.
Recent filings show no trades in 2026 beyond early March, when Haire executed two sets of paired transactions: on March 3-4, he sold $24,003 and $8,335 worth of shares under tax withholding codes alongside larger market sales of $81,805 and $28,330. These dispositions follow a similar pattern to prior years, where annual equity awards (often $0-value acquisitions on SEC forms) precede periodic sales. The data suggests a disciplined approach to monetizing equity compensation, with sales consistently outweighing open-market purchases. Haire’s last recorded acquisition was a $2,981 award on February 27, 2026, continuing his reliance on company-granted equity rather than discretionary buying.
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