Form 4: Service Corp International CEO Thomas L. Ryan Reports Stock Gift and Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Thomas L. Ryan, President, CEO & Chairman of Service Corp International, reported a gift of 6,032 shares of common stock and provided an update on his beneficial ownership, including direct and indirect holdings through trusts and deferred compensation plans.

Summary

  • On August 16, 2024, Thomas L. Ryan, the President, CEO & Chairman of Service Corp International, reported a transaction involving the company's common stock.
  • He gifted 6,032 shares of common stock.
  • Following the transaction, Ryan directly owns 982,333 shares.
  • He also indirectly owns 157,899 shares through three children's trusts and 486,300 shares through a deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by an insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

  • The disclosure of insider transactions provides transparency to shareholders regarding the actions of company executives.

Key Dates

DateDescription
08/16/2024Date of stock gift transaction
08/20/2024Date of signature by Attorney-in-Fact

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