[Form 4] Service Corporation International Insider Trading Activity
John H. Faulk, an officer (SVP, COO) of Service Corporation International (SCI), reported option exercise and share sales on 08/20/2025. He exercised 14,550 options with an exercise price of $37.53 per share, resulting in acquisition of 14,550 common shares. The same day he sold 14,550 common shares at prices ranging from $81.2850 to $81.8700, with a weighted-average sale price of $81.5656. Following these transactions, he reports 54,681 shares beneficially owned. The Form 4 filing was submitted by an attorney-in-fact, Jessica Vu, on behalf of Mr. Faulk on 08/22/2025.
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Insights
TL;DR: Officer exercised options at $37.53 and sold the resulting 14,550 shares at a weighted average of $81.5656, reducing reported holdings to 54,681 shares.
This Form 4 shows a same-day option exercise and sale (often a cashless or post-exercise disposition). The option exercise price and the weighted average sale price are explicitly reported, yielding a substantial spread between exercise cost and sale proceeds. The transactions are limited in scale relative to the company but are material to the reporting person’s individual holdings. No other compensatory or company-wide metrics are disclosed in this filing.
TL;DR: Insider disclosure is timely and detailed: exercise vesting history and sale price range are provided; signature done by attorney-in-fact.
The filing documents vesting history for the option (three equal installments vested on 02/13/2019, 2020 and 2021) and provides a clear explanation that the sale occurred in multiple transactions with a weighted-average price. The form includes the reporting person’s relationship (SVP, COO) and an attorney-in-fact signature, satisfying Form 4 disclosure conventions. The filing does not report any other change in beneficial ownership beyond the listed transactions.