Form 4: SCI CFO's Stock Transactions Under 10b5-1 Plan

Service Corp International's CFO, Eric D. Tanzberger, reported the acquisition and subsequent disposition of common stock, including shares withheld for taxes, under a pre-arranged 10b5-1 plan.

Summary

• Eric D. Tanzberger, Executive VP and CFO of Service Corp International (SCI), reported changes in his beneficial ownership of the company's common stock.
• The transactions occurred on January 21, 2026, and were executed pursuant to a Rule 10b5-1 plan.
• Tanzberger acquired 2,080 shares of common stock at a price of $0.00 per share, which likely represents the vesting of restricted stock.
• He subsequently disposed of 2,080 shares of common stock at a price of $82.51 per share.
• An additional 2,080 shares were disposed of (withheld) at $82.51 per share to cover taxes associated with the distribution of 4,160 shares of deferred restricted stock.
• Following these transactions, Tanzberger directly beneficially owns 127,008 shares of common stock.
• He also indirectly owns 28,755 shares through a 401(k) plan and 13,039 shares through a Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider stock transactions by the CFO, including vesting of restricted stock and subsequent sales for tax purposes under a 10b5-1 plan, which is a neutral event for company sentiment.

Positives

• Acquisition of 2,080 shares, likely from the vesting of restricted stock, indicates compensation realization for the CFO.
• Transactions were conducted under a Rule 10b5-1 plan, demonstrating pre-planned and transparent trading activity.

Negatives

• Disposition of 2,080 shares at $82.51 per share reduces the insider's direct holdings.
• An additional 2,080 shares were withheld for tax purposes, further reducing the total shares beneficially owned by the insider.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Routine insider transactions under a 10b5-1 plan are generally viewed as transparent and expected, with minimal direct impact on share price or company operations.

Key Dates

Recommendation

The Form 4 filing details routine insider stock transactions by the CFO, involving the vesting of restricted stock and subsequent sales for tax obligations, executed under a pre-arranged 10b5-1 plan. These transactions are standard compensation-related events and do not provide new information that would alter the fundamental investment thesis for Service Corp International, thus warranting a 'hold' recommendation.

Keywords

Service Corp International, SCI, Form 4, Insider Trading, Stock Transaction, CFO, Eric D. Tanzberger, 10b5-1 plan, Common Stock, Beneficial Ownership, Deferred Compensation, Restricted Stock