Form 4: Service Corp International Executive Acquires Shares and Options

Lori Spilde, Sr. V.P. and General Counsel of Service Corp International, reports acquisition of shares and options.

Summary

• Lori Spilde, a Senior Vice President and General Counsel at Service Corp International, filed a Form 4 detailing changes in beneficial ownership.
• On February 19, 2025, Spilde acquired 3,834 shares of common stock.
• Spilde also acquired 14,970 employee stock options with an exercise price of $78.57, vesting in three equal installments starting February 19, 2026.
• Following the reported transactions, Spilde directly owns 16,287 shares of common stock and indirectly owns 1,378 shares through a 401(k) plan.
• She also directly owns 14,970 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating insider transactions, which can be interpreted as either positive or neutral depending on the investor's perspective.

Positives

• The acquisition of shares and options by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may view the insider's stock and option acquisition as a positive sign, potentially influencing their investment decisions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Options, Common Stock, Service Corp International, SCI, Lori Spilde, Executive Compensation