Form 4: Service Corp International Executive Tammy R. Moore Executes Stock Option and Sells Shares

Tammy R. Moore, Vice President and Corporate Controller of Service Corp International, exercised stock options and sold shares on August 14, 2024.

Summary

• Tammy R. Moore, a Vice President and Corporate Controller at Service Corp International (SCI), executed employee stock options to acquire 18,200 shares of common stock at a price of $37.53 per share on August 14, 2024.
• Simultaneously, Moore sold 18,200 shares of SCI common stock at a weighted average price of $74.8121, with individual sales prices ranging from $74.7000 to $75 per share.
• Following these transactions, Moore directly owns 25,815 shares and indirectly owns 4,410 shares through a 401(k) plan.
• The employee stock option was granted with a strike price of $37.53 and vests in three equal annual installments beginning on February 13, 2019, 2020, and 2021.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock and future prospects.

Comparison to Industry Standards

• Executive stock option exercises and sales are common across publicly traded companies.
• The specific details, such as vesting schedules and sale prices, are unique to the individual's compensation package and the company's stock performance.
• Comparing Moore's transactions to those of executives at similar companies in the death care industry (e.g., Carriage Services, Hillenbrand) would require analyzing their respective Form 4 filings and compensation structures.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as insider sales can sometimes be interpreted as a lack of confidence in the company's future prospects, although this is a routine transaction.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates