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

Tammy R. Moore, VP and Chief Accounting Officer at Service Corp International, exercised stock options and sold shares on November 25, 2024.

Summary

• Tammy R. Moore, a VP and Chief Accounting Officer at Service Corp International, engaged in transactions involving the company's stock on November 25, 2024.
• She exercised options to acquire 13,844 shares at a price of $42.63 per share and then sold these shares at a weighted average price of $88.5486 per share.
• Additionally, she exercised options for 956 shares at $42.63 per share and sold them at a weighted average price of $89.0803 per share.
• After these transactions, Ms. Moore directly owns 25,815 shares of common stock and indirectly owns 4,427 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The exercise of stock options indicates that the executive believes in the company's future prospects.
• The sale of shares at a significantly higher price than the exercise price resulted in a personal gain for the executive.

Negatives

• The sale of a significant number of shares by an executive could be perceived negatively by some investors.

Risks

• Executive stock sales can sometimes be interpreted as a lack of confidence in the company's future performance, although this is not always the case.
• The market may react to the news of executive stock sales, potentially causing short-term price fluctuations.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.

Comparison to Industry Standards

• Executive stock option exercises and sales are a common practice in publicly traded companies, particularly in the United States.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement to ensure transparency and prevent insider trading.
• Similar filings can be seen from executives at comparable companies such as Carriage Services and StoneMor Inc.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as the sale of shares by an executive could be interpreted in different ways.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

stock options, executive stock sales, insider trading, Form 4, Service Corp International, SCI, Tammy R. Moore