SCI Form 4: CEO Exercises Options, Sells 149,823 Shares at $80.49

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.

Rhea-AI Filing Summary

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.

Positive

• 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

Negative

• 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

Financial Analyst

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.

Corporate Governance Expert

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.

Insider Trade Summary

Exercise and Sale: 150,000 shares ($6.44M approx. pre-tax spread)

Exercise and Sale 8 txns

Insider RYAN THOMAS L

Role CEO & Chairman

Sold 150,000 shs ($12.07M)

Approx. gross sale proceeds $12.07M

Approx. exercise cost $5.63M

Approx. pre-tax spread $6.44M

Type	Security	Shares	Price	Value
Exercise	Employee stock option (right to buy)	149,823	$0.00	$0.00
Exercise	Employee stock option (right to buy)	177	$0.00	$0.00
Exercise	Common Stock	149,823	$37.53	$5.62M
Sale	Common Stock	149,823	$80.4868	$12.06M
Exercise	Common Stock	177	$37.53	$7K
Sale	Common Stock	177	$80.8359	$14K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Employee stock option (right to buy) — 0 contracts (Direct); Common Stock — 982,333 shares (Direct); Common Stock — 157,899 shares (Indirect, By Three Children's Trusts); Common Stock — 519,105 shares (Indirect, By Deferred Compensation Plan)

Footnotes (4)

1. F1. The shares were sold in multiple transactions at prices ranging from $79.8000 to $80.7800 per share on August 8, 2025. The $80.4868 sale price reported above is the weighted average sale price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. F2. The shares were sold in multiple transactions at prices ranging from $80.8100 to $80.8700 per share on August 8, 2025. The $80.8359 sale price reported above is the weighted average sale price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
3. F3. The shares are held by a trust over which the reporting person has investment control but is not the trustee.
4. F4. The option vested in three equal annual installments on February 13, 2019, 2020, and 2021.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did Thomas L. Ryan report on Form 4 for SCI?

The Form 4 reports option exercises and sales on 08/08/2025: sale of 149,823 shares (weighted avg $80.4868) and 177 shares (weighted avg $80.8359).

At what price were the options exercised and when did they vest for SCI insider?

The employee stock options were exercised at an exercise price of $37.53 and vested in equal installments on 02/13/2019, 02/13/2020, and 02/13/2021.

How many SCI shares does the reporting person beneficially own after the reported transactions?

The filing shows 982,333 shares held directly after the transactions, plus indirect holdings of 157,899 (three children\\'s trusts) and 519,105 (deferred compensation plan).

Were the reported sales executed at single prices?

No; the explanations state the shares were sold in multiple transactions at prices ranging from $79.80 to $80.87, with weighted average sale prices provided.

What is the relationship of the reporting person to SCI?

The reporting person is identified as Director and as an Officer with the title CEO & Chairman.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/12/2025 - 04:15 PM Learn about SEC filing dates

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^*

RYAN THOMAS L

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		M		149,823	A	$37.53	1,132,156	D
Common Stock	08/08/2025		S		149,823	D	$80.4868(1)	982,333	D
Common Stock	08/08/2025		M		177	A	$37.53	982,510	D
Common Stock	08/08/2025		S		177	D	$80.8359(2)	982,333	D
Common Stock								157,899(3)	I	By Three Children's Trusts
Common Stock								519,105	I	By Deferred Compensation 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)	$37.53	08/08/2025		M			149,823	(4)	02/13/2026	Common Stock	149,823	$0	177	D
Employee stock option (right to buy)	$37.53	08/08/2025		M			177	(4)	02/13/2026	Common Stock	177	$0	0	D

Explanation of Responses:

1. The shares were sold in multiple transactions at prices ranging from $79.8000 to $80.7800 per share on August 8, 2025. The $80.4868 sale price reported above is the weighted average sale price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

2. The shares were sold in multiple transactions at prices ranging from $80.8100 to $80.8700 per share on August 8, 2025. The $80.8359 sale price reported above is the weighted average sale price. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. The shares are held by a trust over which the reporting person has investment control but is not the trustee.

4. The option vested in three equal annual installments on February 13, 2019, 2020, and 2021.

Remarks:

	Jessica Vu, Attorney-in-Fact for Thomas L. Ryan	08/12/2025
	** 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.