Form 4: Service Corporation International Executive Acquires Shares and Options

Tammy R. Moore, VP and Chief Accounting Officer of Service Corporation International, reports acquisition of shares and stock options.

Summary

• Tammy R. Moore, VP, Chief Accounting Officer of Service Corporation International (SCI), filed a Form 4 detailing changes in beneficial ownership.
• On February 19, 2025, Moore acquired 1,534 shares of common stock at $0.
• Following the transaction, Moore directly owns 27,349 shares of common stock.
• Moore also indirectly owns 4,444 shares through a 401(k) plan.
• Additionally, Moore acquired 5,988 employee stock options with an exercise price of $78.57, vesting in three equal installments starting February 19, 2026.
• The options expire on February 19, 2033.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing stock transactions by an executive. The acquisition of shares and options could be interpreted as a slightly positive signal, but it's not a major event.

Positives

• The acquisition of shares and options by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings of company insiders.

Comparison to Industry Standards

• Executive compensation packages, including stock options, are a common practice in publicly traded companies like Service Corporation International.
• The vesting schedule of the options (three equal installments) is a typical arrangement to incentivize long-term performance.
• Comparing the size of the option grant and stock ownership to peers in the funeral services industry would provide further context on the competitiveness of SCI's executive compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a key executive.
• The transaction has a minor positive impact on employees as it signals confidence from a key executive.

Key Dates

Keywords

Form 4, beneficial ownership, stock options, common stock, SCI, Service Corporation International, Tammy R. Moore, executive compensation