Form 4: Service Corp International Executive Acquires Shares and Options

Sentiment:

SEC Form 4 Filing


Eric D. Tanzberger, Executive VP and CFO of Service Corp International, reports acquisition of common stock and employee stock options.

Summary

  • On February 19, 2025, Eric D. Tanzberger, Executive VP and CFO of Service Corp International, acquired 4,473 shares of common stock.
  • These shares were acquired at a price of $0.
  • Following the transaction, Tanzberger directly owns 127,230 shares of common stock.
  • He also indirectly owns 28,319 shares through a 401(k) plan and 17,199 shares through a Deferred Compensation Plan.
  • Additionally, Tanzberger acquired 34,930 employee stock options with an exercise price of $78.57.
  • These options vest in three equal installments starting February 19, 2026, and expire on February 19, 2033.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock and option acquisitions by an executive. While insider buying can be seen as positive, this is part of a compensation package and doesn't necessarily indicate a strong bullish signal.

Positives

  • The acquisition of shares and options by a high-ranking executive could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Executive stock ownership is a common practice in publicly traded companies, aligning management's interests with those of shareholders. These transactions are routinely disclosed to the SEC.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates

DateDescription
02/19/2025Date of earliest transaction: Acquisition of common stock and employee stock options.
02/19/2026First vesting date for employee stock options.
02/19/2027Second vesting date for employee stock options.
02/19/2028Third vesting date for employee stock options.
02/19/2033Expiration date for employee stock options.
02/21/2025Date of signature for the Form 4 filing.

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