[Form 4] Service Corporation International Insider Trading Activity
John H. Faulk, SVP and COO of Service Corporation International (SCI), reported option exercises and same-day sales on 08/08/2025. He exercised options to acquire a total of 14,550 common shares at an exercise/conversion price of $37.53 per share. The exercised shares were sold in multiple transactions the same day.
The sales generated weighted-average sale prices of $80.2730 and $80.5982 per share with reported sale price ranges of $79.54–$80.5350 and $80.54–$80.73. Following the transactions the filing shows the reporting person directly beneficially owned 54,681 shares as reported. The option referenced vested in three equal installments on February 13, 2019, 2020 and 2021. The form was signed by an attorney-in-fact on 08/12/2025.
- Options exercised were previously vested (Feb 13, 2019; 2020; 2021), as explicitly stated in the filing
- Sales realized weighted-average prices of $80.2730 and $80.5982, substantially above the $37.53 exercise/conversion price
- Total of 14,550 shares sold on 08/08/2025, reducing direct holdings as reported
- Direct beneficial ownership reported at 54,681 shares following the transactions
Insights
TL;DR: Routine exercise of vested options and immediate sales realized a large premium to the exercise price, modestly reducing direct ownership.
The Form 4 discloses that Mr. Faulk exercised options to acquire 14,550 shares at a $37.53 conversion/exercise price and sold those shares the same day at weighted-average prices of $80.2730 and $80.5982. The filing explicitly reports post-transaction direct beneficial ownership of 54,681 shares. The option vesting schedule (Feb 13, 2019/2020/2021) is noted, indicating these were vested awards. This disclosure is a routine Section 16 report showing exercise and disposition activity; it provides specific sale price ranges and weighted averages for auditability.
TL;DR: Documented insider exercise and sale of vested options with full explanatory ranges; no governance irregularities stated.
The filing contains clear, itemized transactions and explanative footnotes: multiple sales on 08/08/2025 with detailed price ranges and weighted-average prices, plus a vesting history for the option. The form was executed by an attorney-in-fact and includes the reporting person’s title (SVP, COO). All material items in the Form 4 are disclosed in line with Section 16 requirements; the filing does not include any additional governance events or amendments.