Form 4: Service Corp International Executive Vice President and CFO, Eric D. Tanzberger, Reports Stock Transaction

Eric D. Tanzberger, Executive Vice President and CFO of Service Corp International, reported the disposition of 4,000 shares of common stock on November 15, 2024.

Summary

• Eric D. Tanzberger, the Executive Vice President and CFO of Service Corp International, filed a Form 4 disclosing a transaction involving the company's common stock.
• On November 15, 2024, Mr. Tanzberger disposed of 4,000 shares of common stock.
• The disposition was a gift, and the price per share was $0.
• Following the transaction, Mr. Tanzberger directly owns 108,907 shares of common stock.
• He also indirectly owns 28,211 shares through a 401(k) plan and 34,710 shares through a Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a routine stock transaction by an executive, with no significant positive or negative implications.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
• Similar filings are made by executives at comparable companies such as Carriage Services and Park Lawn Corporation, whenever they engage in transactions involving their company's stock.
• The reporting requirements are consistent across all companies listed on the SEC.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disclosure of an executive's stock transaction.

Key Dates

Keywords

Form 4, insider trading, stock transaction, beneficial ownership, Service Corp International, SCI, Eric D. Tanzberger, executive compensation