Form 4: Service Corp International Executive VP Sells Shares to Cover Taxes
SEC Form 4 Filing
Eric D. Tanzberger, Executive VP and CFO of Service Corp International, sold 2,222 shares of common stock on March 5, 2025, to cover taxes associated with vesting restricted stock.
Summary
- On March 5, 2025, Eric D. Tanzberger, the Executive VP and CFO of Service Corp International (SCI), disposed of 2,222 shares of common stock.
- The transaction was executed to cover taxes associated with the vesting of restricted stock.
- The sale price was $78.94 per share.
- Following the transaction, Tanzberger directly owns 125,008 shares of SCI common stock.
- He also indirectly owns 28,319 shares through a 401(k) plan and 17,199 shares through a Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an executive's stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from the vesting of restricted stock, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Sale of 2,222 shares of common stock to cover taxes associated with vesting of restricted stock. |
| 03/07/2025 | Date of signature by Attorney-in-Fact. |
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