Form 4: Service Corp International Director Sells Shares in Recent Transactions

Director Tony Coelho of Service Corp International sold a total of 2,555 common stock shares in two separate transactions on November 20, 2024.

Summary

• Tony Coelho, a director at Service Corp International, executed two transactions involving the company's common stock on November 20, 2024.
• In the first transaction, 1,177 shares were sold at a price of $85.62 per share.
• The second transaction involved the sale of 1,378 shares at $85.65 per share.
• Following these transactions, Mr. Coelho directly owns 53,324 shares of common stock.
• Additionally, Mr. Coelho indirectly owns 12,200 shares through a deferred compensation plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States.
• The transactions are typical for directors who may sell shares for personal financial management or diversification purposes.
• The volume of shares sold is not unusual for a director's transactions.

Stakeholder Impact

• The stock sales by a director may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Service Corp International, SCI, Tony Coelho, stock sale, director, insider trading, common stock, deferred compensation plan