[Form 4] Service Corporation International Insider Trading Activity
Thomas L. Ryan, identified as CEO & Chairman of Service Corporation International (SCI), reported option exercises and contemporaneous sales of common stock executed on 08/08/2025. The filing shows the exercise of employee stock options at an exercise price of $37.53 and subsequent sales of 149,823 shares (weighted average sale price $80.4868) and 177 shares (weighted average sale price $80.8359). After these transactions the reporting person is shown with 982,333 shares held directly and additional indirect holdings of 157,899 shares via three children's trusts and 519,105 shares via a deferred compensation plan. The option grants referenced vested in equal installments on February 13, 2019, 2020 and 2021.
- Detailed disclosure of transaction quantities and weighted average sale prices provides transparency for investors
- Retains substantial direct ownership of 982,333 shares after the transactions
- Indirect holdings disclosed: 157,899 shares via three children\'s trusts and 519,105 shares via a deferred compensation plan
- Options vested previously on 02/13/2019, 02/13/2020 and 02/13/2021, which is explicitly stated
- Substantial dispositions by the CEO on 08/08/2025 totaling 149,823 and 177 shares
- Large insider sale occurred the same day as option exercises, which may draw investor attention to insider liquidity events
Insights
TL;DR: CEO exercised vested options and sold ~150k shares at ~ $80.5, while retaining substantial direct and indirect holdings.
The Form 4 discloses same-day option exercises at an exercise price of $37.53 and sales of 149,823 and 177 shares on 08/08/2025 at weighted average prices of $80.4868 and $80.8359. The reporting person retains 982,333 shares directly and reports indirect holdings of 157,899 and 519,105. From a capital-structure perspective, the transactions reflect option monetization rather than an unexplained disposition of long-held shares; beneficial ownership remains concentrated.
TL;DR: Large, disclosed insider sales derived from exercised options; vesting history and indirect holdings are documented.
The filing documents that the options exercised had vested in three equal installments on 02/13/2019, 02/13/2020 and 02/13/2021, and that exercised shares were sold on 08/08/2025 with weighted average sale prices provided. The report also lists indirect ownership through trusts and a deferred compensation plan (157,899 and 519,105 shares). Disclosure is complete on quantities, prices and nature of indirect holdings, enabling shareholder assessment of insider activity.