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SCI (NYSE: SCI) president granted 39,788 options and 9,296 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Service Corporation International president Sumner J. Waring III received new equity awards. He was granted 39,788 employee stock options at an exercise price of $0.00, which vest in three equal installments on February 18, 2027, 2028, and 2029. He also acquired 9,296 shares of common stock as a grant, bringing his directly owned common shares to 304,488, with an additional 7,131 shares held indirectly through a 401(k) plan.

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WARING SUMNER J III

(Last) (First) (Middle)
1929 ALLEN PARKWAY

(Street)
HOUSTON TX 77019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SERVICE CORP INTERNATIONAL [ SCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/18/2026 A 9,296 A $0 304,488 D
Common Stock 7,131 I By 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $80.08 02/18/2026 A 39,788 02/18/2027(1) 02/18/2034 Common Stock 39,788 $0 39,788 D
Explanation of Responses:
1. The options vests in three equal installments on February 18, 2027, 2028, and 2029.
Remarks:
Jessica Vu, Attorney-in-Fact for Sumner J. Waring, III 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did SCI president Sumner J. Waring III report?

SCI president Sumner J. Waring III reported equity awards on February 18, 2026. He received 39,788 employee stock options and 9,296 shares of common stock as grants, both at an indicated price of $0.00 per share, increasing his overall equity holdings.

How many stock options did the SCI president receive in this Form 4 filing?

The SCI president received 39,788 employee stock options in this filing. These options were granted at a stated exercise price of $0.00 per share and will vest over time, providing potential future ownership if the options are exercised after they vest.

What is the vesting schedule for Sumner J. Waring III’s SCI stock options?

The 39,788 SCI stock options vest in three equal installments. Vesting occurs on February 18, 2027, February 18, 2028, and February 18, 2029. This structure ties the president’s potential option value to continued service and the company’s long-term performance over several years.

How many SCI common shares did the president acquire directly in this grant?

The president acquired 9,296 SCI common shares directly through a grant. After this transaction, his directly owned common stock position increased to 304,488 shares, according to the filing, representing his direct equity stake separate from any indirect retirement plan holdings.

What indirect SCI share holdings does Sumner J. Waring III report?

Sumner J. Waring III reports indirect ownership of 7,131 SCI common shares. These shares are held through a 401(k) plan, which is listed as indirect ownership in the filing, complementing his larger block of directly owned shares acquired through grants and prior holdings.

Does this SCI Form 4 show any insider sales by the president?

This Form 4 does not report any insider sales by the SCI president. All reported transactions are coded as grants or awards, classified as acquisitions, including stock options and common shares, with no dispositions or sell transactions disclosed in the summarized data.
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