Form 4: Service Corp International Executive Lori Spilde Reports Stock Transaction
SEC Form 4 Filing
Lori Spilde, Sr. V.P. and General Counsel of Service Corp International, reports disposition of shares to cover taxes upon vesting of restricted stock.
Summary
- On March 5, 2024, Lori Spilde, Sr. V.P. and General Counsel of Service Corp International (SCI), disposed of 715 shares of common stock to cover taxes associated with the vesting of restricted stock.
- The shares were sold at a price of $74.06 per share.
- Following the transaction, Spilde directly owns 12,453 shares of SCI common stock and indirectly owns 1,283 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transaction (disposal of shares to cover taxes). |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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