SCI director receives 2,448-share stock award
SHAPER C PARK reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SHAPER C PARK reported acquisition or exercise transactions in this Form 4 filing.
Service Corporation International director C. Park Shaper reported a stock award and updated holdings. He received a grant of 2,448 shares of Common Stock at no cost, bringing his directly held position to 12,901 shares. Separately, 5,000 shares are reported as indirectly owned through Seis Holdings LLC, an entity where he and his spouse hold membership interests. The filing notes he disclaims beneficial ownership of the LLC-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,448 shares
Grant/Award
2 txns
Insider
SHAPER C PARK
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,448 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,901 shares (Direct);
Common Stock — 5,000 shares (Indirect, See Footnote)
Footnotes (1)
- F1. Such shares of Common Stock are owned directly by Seis Holdings LLC. The reporting person serves as the Chief Executive Officer for, and he and his spouse hold membership interests in, Seis Holdings LLC. The reporting person disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose.
Key Figures
Stock grant: 2,448 shares
Direct holdings after award: 12,901 shares
Indirect holdings: 5,000 shares
+2 more
5 metrics
Stock grant
2,448 shares
Common Stock award at $0.0000 per share
Direct holdings after award
12,901 shares
Common Stock directly owned following transaction
Indirect holdings
5,000 shares
Common Stock owned by Seis Holdings LLC
Transaction price
$0.0000 per share
Price for 2,448-share grant
Acquire transactions
1 transaction
Grant, award, or other acquisition code A
Key Terms
Grant, award, or other acquisition, indirect ownership, pecuniary interest, Section 16, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"total_shares_following_transaction 5000.0000 with ownership_type indirect"
pecuniary interest financial
"disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein"
Section 16 regulatory
"beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Common Stock financial
"Such shares of Common Stock are owned directly by Seis Holdings LLC"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did C. Park Shaper report at Service Corporation International (SCI)?
Director C. Park Shaper reported receiving a grant of 2,448 shares of Service Corporation International Common Stock. The shares were awarded at a price of $0.0000 per share, indicating a compensation-related stock award rather than an open-market purchase.
Was the SCI stock reported by C. Park Shaper bought or sold on the open market?
The filing shows a grant or award acquisition of 2,448 shares at a price of $0.0000 per share, not an open-market trade. There are no reported open-market purchases or sales in this Form 4, only a compensation-related stock award and an updated indirect holding entry.
Does this SCI Form 4 indicate any derivative securities or option exercises for C. Park Shaper?
No derivative securities or option exercises are reported in this Form 4. The derivative summary is empty, and the only transaction listed is a non-derivative Common Stock grant of 2,448 shares, along with an indirect holding entry related to Seis Holdings LLC.
How does the Form 4 describe C. Park Shaper’s relationship to Seis Holdings LLC?
The Form 4 states that Seis Holdings LLC directly owns the 5,000 SCI shares and that Shaper serves as its Chief Executive Officer. He and his spouse hold membership interests, but he disclaims beneficial ownership beyond his pecuniary interest in the LLC-held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
