Form 4: Service Corp International CEO Thomas Ryan Exercises Options and Sells Shares
SEC Form 4 Filing
CEO Thomas Ryan exercised stock options and sold 50,000 shares of Service Corp International (SCI) common stock on March 10, 2025.
Summary
- On March 10, 2025, Thomas L. Ryan, CEO and Chairman of Service Corp International (SCI), exercised options to acquire 50,000 shares of common stock at a price of $37.53 per share.
- Simultaneously, Ryan sold 50,000 shares of SCI common stock at a weighted average price of $84.5611, with individual sales ranging from $84.2000 to $84.955 per share.
- Following these transactions, Ryan directly owns 982,333 shares of SCI common stock.
- Ryan also indirectly owns 157,899 shares through three children's trusts and 519,105 shares through a deferred compensation plan.
- He continues to hold options for 150,000 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which can be of interest to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 02/13/2019 | First vesting date of employee stock option. |
| 02/13/2020 | Second vesting date of employee stock option. |
| 02/13/2021 | Third vesting date of employee stock option. |
| 02/13/2026 | Expiration date of employee stock option. |
| 03/10/2025 | Date of stock option exercise and share sale. |
| 03/12/2025 | Date of Form 4 signature. |
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