[144] Service Corporation International SEC Filing
Form 144 notice for Service Corporation International (SCI) indicates a proposed sale of 9 common shares acquired by dividend reinvestment on 06/30/2025. The sale is routed through Vanguard Marketing Corporation with an approximate market value of $773.00 and an approximate sale date of 09/04/2025 on the NYSE. The filing lists 140,240,018 shares outstanding for the class. The notice also discloses a prior sale by Ellen Ochoa of 2,514 common shares on 08/26/2025 for gross proceeds of $199,636.74. The filer certifies they are not aware of undisclosed material adverse information about the issuer and references compliance language regarding trading plans and Rule 10b5-1.
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Insights
TL;DR: A routine Form 144 filing showing a negligible planned sale (9 shares) and a recent small insider sale (2,514 shares) with no disclosed material nonpublic information.
The current filing notifies the market of a proposed sale of 9 shares acquired via dividend reinvestment, representing a de minimis stake relative to the reported 140,240,018 shares outstanding. The broker and intended exchange are specified, and the filer affirms no undisclosed material adverse information. The prior sale of 2,514 shares produced $199,636.74 in proceeds, implying an average price near $79.36 per share for that transaction. From an analytic perspective, these transactions are routine insider liquidity events and are unlikely to affect SCI's capital structure or market perception materially.
TL;DR: Filing appears procedurally compliant; disclosures are standard and do not indicate governance or control changes.
The form contains required seller representation about lack of undisclosed material information and notes the method of acquisition (dividend reinvestment). The small size of the proposed sale and the recent prior sale suggest ordinary insider selling rather than a governance event. No departure, appointment, or plan dates tied to Rule 10b5-1 are provided, and no irregularities are evident in the disclosed broker or sale timing. Governance implications are minimal based on the presented facts.