Form 4: Service Corporation International Director Tony Coelho Sells Shares
SEC Form 4 Filing
Director Tony Coelho sold shares of Service Corporation International (SCI) on March 13, 2024.
Summary
- Tony Coelho, a director of Service Corporation International (SCI), reported a transaction involving the sale of SCI common stock on March 13, 2024.
- He sold 6,800 shares at $75.4001 per share and 2,150 shares at $75.3401 per share.
- Following these transactions, Coelho directly owns 60,887 shares and indirectly owns 12,200 shares through a deferred compensation plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It's neutral in sentiment as it simply reports a transaction.
Industry Context
Form 4 filings are a routine part of corporate governance, 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.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it's a common occurrence and doesn't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of stock sale transactions |
| 03/15/2024 | Date of signature on the Form 4 filing |
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