Form 4: Director Tony Coelho Sells Service Corp International Shares
SEC Form 4 Filing
Director Tony Coelho sold 6,500 shares of Service Corp International (SCI) common stock at an average price of $79.29 on March 5, 2025.
Summary
- On March 5, 2025, Tony Coelho, a director of Service Corp International, sold 6,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $79.29 per share, with individual transactions ranging from $79.24 to $79.34.
- Following the transaction, Coelho directly owns 46,824 shares and indirectly owns 12,200 shares through a deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This is a routine disclosure of insider trading activity. It is important to monitor insider transactions as they can provide insights into management's perspective on the company's valuation and future prospects. However, a single sale does not necessarily indicate a negative outlook.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock sale transaction |
| 03/07/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.