Form 4: SCI CFO Tanzberger Boosts Stake with Stock, Options

Service Corp International's CFO, Eric D. Tanzberger, acquired additional common stock and stock options, increasing his beneficial ownership.

Summary

• Eric D. Tanzberger, Executive VP and CFO of Service Corp International (SCI), reported changes in his beneficial ownership on February 18, 2026.
• He acquired 4,648 shares of common stock directly and 4,648 shares indirectly through a Deferred Compensation Plan, both at a price of $0, likely as part of compensation.
• He also acquired 39,788 derivative securities in the form of common stock options with an exercise price of $80.08.
• These options vest in three equal installments on February 18, 2027, 2028, and 2029, and expire on February 18, 2034.
• Following these transactions, his direct beneficial ownership of common stock is 131,656 shares, indirect ownership via a 401(k) plan is 28,775 shares, and indirect ownership via a Deferred Compensation Plan is 17,687 shares.
• He directly beneficially owns 39,788 derivative common stock options.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as the CFO's increased beneficial ownership, particularly through stock options, aligns his incentives with long-term company performance and shareholder value.

Positives

• Acquisition of 4,648 shares of common stock directly and 4,648 shares indirectly through a Deferred Compensation Plan, indicating increased direct equity stake.
• Grant of 39,788 common stock options, aligning management's interests with long-term shareholder value.
• The transactions reflect an increase in the CFO's overall beneficial ownership in the company.

Risks

• The value of the acquired stock options is subject to the future performance of SCI's common stock relative to the exercise price of $80.08.
• Market volatility could impact the realized value of both the common stock and the options.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's financial performance or strategic direction.

Industry Context

StockSavvy.ai notes that executive compensation often includes equity grants and stock options, which are designed to align management's long-term interests with those of shareholders. This type of insider acquisition is a common practice across various industries, including the deathcare services sector where Service Corp International operates.

Stakeholder Impact

• Shareholders may view the increased beneficial ownership by a key executive as a positive signal of management's confidence in the company's future prospects and alignment with shareholder interests.

Next Steps

• The acquired stock options will vest in three equal installments on February 18, 2027, 2028, and 2029.

Key Dates

Recommendation

The acquisition of shares and options by a key executive like the CFO is a positive indicator of internal confidence. However, a single Form 4 filing typically provides insufficient information to warrant a 'buy' recommendation without broader financial analysis. It reinforces a 'hold' position for existing investors and suggests a positive signal for potential investors to conduct further due diligence.

Keywords

SCI, Service Corp International, Form 4, insider trading, stock options, executive compensation, beneficial ownership, CFO