Form 4: Service Corporation International Executive Acquires Shares and Options
SEC Form 4 Filing
John H. Faulk, SVP and COO of Service Corporation International, reports acquisition of shares and stock options.
Summary
- John H. Faulk, SVP and COO of Service Corporation International (SCI), filed a Form 4 detailing changes in beneficial ownership.
- On February 19, 2025, Faulk acquired 3,962 shares of common stock.
- Following the transaction, Faulk directly owns 56,040 shares of SCI common stock.
- Faulk also acquired 15,469 employee stock options with an exercise price of $78.57.
- These options vest in three equal installments on February 19, 2026, 2027, and 2028 and expire on February 19, 2033.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine transactions by an executive.
Positives
- The acquisition of shares and options by a high-ranking executive could be interpreted as a sign of confidence in the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements about the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely watched by investors to gauge executive sentiment and potential future stock performance.
Stakeholder Impact
- The transactions may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Acquisition of common stock and employee stock options. |
| 02/19/2026 | First vesting date for employee stock options. |
| 02/19/2027 | Second vesting date for employee stock options. |
| 02/19/2028 | Third vesting date for employee stock options. |
| 02/19/2033 | Expiration date for employee stock options. |
| 02/21/2025 | Date of Form 4 signature. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Common Stock, SCI, Service Corporation International, John H. Faulk, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.