Director Coelho gets 2,448 Service Corp (NYSE: SCI) share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COELHO TONY reported acquisition or exercise transactions in this Form 4 filing.
Service Corp International director Tony Coelho received a grant of 2,448 shares of Common Stock as compensation, at a reported price of $0.0000 per share. Following this award, he holds 30,836 shares directly and 12,200 shares indirectly through a Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
COELHO TONY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,448 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,836 shares (Direct, null);
Common Stock — 12,200 shares (Indirect, By Deferred Compensation Plan)
Footnotes (1)
Key Figures
Stock grant: 2,448 shares
Direct holdings after grant: 30,836 shares
Indirect holdings: 12,200 shares
+1 more
4 metrics
Stock grant
2,448 shares
Common Stock grant with code A, price $0.0000/share
Direct holdings after grant
30,836 shares
Common Stock directly owned following the 2,448-share award
Indirect holdings
12,200 shares
Common Stock held indirectly via Deferred Compensation Plan
Transaction type entries
1 grant, 1 holding entry
One compensation grant and one indirect holding reported
Key Terms
Deferred Compensation Plan, grant/award acquisition, Common Stock
3 terms
Deferred Compensation Plan financial
"nature_of_ownership: By Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SCI director Tony Coelho report on this Form 4?
Tony Coelho reported receiving a grant of 2,448 shares of Service Corp International Common Stock. The filing classifies this as a grant, award, or other acquisition, reflecting compensation rather than an open-market purchase or sale of shares.
How are Tony Coelho’s indirect SCI holdings structured in this Form 4?
The filing reports 12,200 SCI Common Stock shares as indirectly owned by Tony Coelho through a Deferred Compensation Plan. This line is categorized as a holding entry, indicating an existing indirect position associated with that plan, rather than a new buy or sale.
What does transaction code “A” mean in Tony Coelho’s SCI Form 4?
Transaction code “A” on Tony Coelho’s SCI Form 4 denotes a grant, award, or other acquisition of shares. It typically reflects equity compensation awarded by the company, not a market trade, and here applies to the 2,448 Common Stock shares he received.