Form 4: Service Corp International Executive Sumner J. Waring III Reports Stock Transaction
SEC Form 4 Filing
Sumner J. Waring III, President of Service Corp International, reports disposition of shares to cover taxes related to vesting of restricted stock.
Summary
- On March 5, 2025, Sumner J. Waring III, President of Service Corp International, disposed of 3,155 shares of common stock to cover taxes associated with the vesting of restricted stock.
- The shares were disposed of at a price of $78.94 per share.
- Following the transaction, Waring directly owns 295,192 shares of common stock and indirectly owns 7,018 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected occurrences. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction (disposal of shares). |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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