SCI (NYSE: SCI) president reports 3,300-share tax withholding on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Service Corporation International President reports tax-related share withholding. On March 5, 2026, President Sumner J. Waring III had 3,300 shares of common stock withheld at $81.42 per share to cover taxes tied to vesting of restricted stock.
After this tax-withholding disposition, he directly holds 301,188 common shares and indirectly holds 7,131 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WARING SUMNER J III
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,300 | $81.42 | $269K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 301,188 shares (Direct);
Common Stock — 7,131 shares (Indirect, By 401(k) plan)
Footnotes (1)
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FAQ
What did SCI President Sumner J. Waring III report on this Form 4 for SCI?
Sumner J. Waring III reported a tax-related share withholding, not an open-market trade. On March 5, 2026, 3,300 SCI common shares were withheld to cover taxes from vesting restricted stock, at a price of $81.42 per share.
Was the SCI Form 4 for Sumner J. Waring III a stock sale in the market?
No, the transaction was a tax-withholding disposition, not a market sale. The 3,300 SCI shares were retained by the company to pay taxes arising from restricted stock vesting on March 5, 2026, at $81.42 per share.
What is the transaction code F on SCI President Waring’s Form 4?
Transaction code F indicates shares were used to pay a tax liability or exercise price. In this SCI filing, 3,300 shares were withheld on March 5, 2026 to cover taxes tied to vesting restricted stock, at $81.42 per share.
Does the SCI Form 4 for Sumner J. Waring III indicate buying or selling activity?
The filing shows a disposal related to tax withholding, not a discretionary buy or sell. Shares were automatically withheld to satisfy tax obligations from restricted stock vesting, while his remaining direct and indirect SCI holdings are disclosed afterward.