[144] Service Corporation International SEC Filing
Service Corporation International (SCI) filed a Form 144 reporting a proposed sale of 150,000 common shares with an aggregate market value of $12,073,065.00. The filing lists total shares outstanding of 140,240,018 and gives an approximate sale date of 08/08/2025. The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE.
The securities were acquired and paid for on 08/08/2025 by stock option exercise and payment was in cash. The filer reports nothing to report for securities sold in the past three months and includes the standard attestation that the seller does not know of undisclosed material information. The shares being offered represent roughly 0.107% of shares outstanding, a small proportion of the register.
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Insights
TL;DR: A routine insider exercise-and-sale of 150,000 SCI shares, small relative to outstanding shares and unlikely to move the stock materially.
The Form 144 discloses an immediate exercise-and-sale of 150,000 shares valued at $12,073,065. Against reported outstanding shares of 140,240,018, this equals about 0.107% of the float, which is immaterial from a dilution or supply perspective. The transaction will be executed through a major broker on the NYSE and the filer reports no sales in the past three months, indicating no clustered disposals reported in this notice. Impact on valuation or liquidity is likely neutral.
TL;DR: Form 144 disclosure and attestation follow standard Rule 144 protocols; no plan adoption date is shown in the filing.
The document contains the statutory attestation that the filer does not possess undisclosed material information and references Rule 10b5-1 plan language. The filing does not indicate a trading-plan adoption date or specific 10b5-1 instruction date in the provided content. The sale arose from a stock option exercise with cash payment on the same date, and the use of an established broker is consistent with standard compliant execution procedures. Governance implications are routine; disclosure appears procedurally complete based on supplied fields.