Form 4: Service Corp International Executive Sumner J. Waring III Reports Stock Transaction
SEC Form 4 Filing
Sumner J. Waring III, a Senior VP and Chief Operating Officer at Service Corp International, reported the withholding of 3,171 common stock shares to cover taxes associated with vesting restricted stock on March 5, 2024.
Summary
- On March 5, 2024, Sumner J. Waring III, a Senior VP & Chief Operating Officer at Service Corp International, had 3,171 shares of common stock withheld to cover taxes.
- The shares were withheld at a price of $74.06 per share.
- Following the transaction, Waring directly owns 339,400 shares of common stock.
- Waring also indirectly owns 6,906 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of the stock transaction (tax withholding). |
| 03/07/2024 | Date of the signature on the Form 4 filing. |
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