[Form 4] Service Corporation International Insider Trading Activity

Rhea-AI Filing Summary

Service Corporation International (SCI) insider transactions: Thomas L. Ryan, CEO & Chairman, exercised employee stock options and immediately sold the acquired shares across August 21-22, 2025. On August 21 he exercised 18,089 options at an exercise price of $42.63 and reported sales of 18,089 shares at a weighted average price of $81.8199. On August 22 he exercised 17,520 options at $42.63 and sold 17,520 shares at a weighted average price of $81.9073. After these transactions his direct beneficial ownership is reported as 982,333 shares. He also reports indirect holdings of 157,899 shares via three children\'s trusts and 519,105 shares via a deferred compensation plan. The filing shows remaining employee stock options covering 270,911 and 253,391 underlying shares following the exercises.

Positive

• Detailed pricing disclosure including weighted average sale prices and price ranges for the multiple trades on each day
• Clear disclosure of indirect holdings (157,899 shares via trusts and 519,105 via deferred compensation) and remaining option positions

Negative

• Insider sales of exercised shares totaling 35,609 shares across August 21-22, 2025, which reduced direct beneficial ownership
• Limited context in the filing regarding intent or any trading plan governing the sales (no Rule 10b5-1 plan box checked)

Insights

Securities Analyst

TL;DR: CEO exercised options at $42.63 and sold the resulting shares at ~ $81.82 on August 21-22, 2025, reducing direct holdings to 982,333 shares.

These are routine Section 16 transactions: option exercises followed by immediate sales reported at weighted average sale prices. The filing discloses both direct and indirect ownership components, including significant indirect positions held in trusts and a deferred compensation plan. The transactions are plainly documented with exercise prices, sale dates, and weighted average sale prices, enabling straightforward verification of proceeds and remaining option positions.

Corporate Governance Expert

TL;DR: Transactions are transparent and comply with Form 4 disclosure norms, including explanation of price ranges and vesting history.

The report includes explanatory notes stating the sales occurred in multiple trades with provided price ranges and weighted average prices, and it clarifies that the options vested in three equal installments in 2020-2022. Indirect holdings and the capacity in which the reporting person holds them are disclosed. From a governance and disclosure perspective, the filing appears complete for the reported transactions.

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)
08/21/2025

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	08/21/2025		M		18,089	A	$42.63	1,000,422	D
Common Stock	08/21/2025		S		18,089	D	$81.8199(1)	982,333	D
Common Stock	08/22/2025		M		17,520	A	$42.63	999,853	D
Common Stock	08/22/2025		S		17,520	D	$81.9073(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)	$42.63	08/21/2025		M			18,089	(4)	02/20/2027	Common Stock	18,089	$0	270,911	D
Employee stock option (right to buy)	$42.63	08/22/2025		M			17,520	(4)	02/20/2027	Common Stock	17,520	$0	253,391	D

Explanation of Responses:

1. The shares were sold in multiple transactions at prices ranging from $81.7500 to $81.9800 per share on August 21, 2025. The $81.8199 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 $81.7500 to $82.1200 per share on August 22, 2025. The $81.9073 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 installments on February 20, 2020, 2021, and 2022.

Remarks:

	Jessica Vu, Attorney-in-Fact for Thomas L. Ryan	08/25/2025
	** 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.

FAQ

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

The filing reports exercises of 18,089 options on 08/21/2025 and 17,520 options on 08/22/2025 at an exercise price of $42.63, followed by sales of those same numbers of shares at weighted average prices of $81.8199 and $81.9073, respectively.

How many SCI shares does Thomas L. Ryan beneficially own after these transactions?

The report shows 982,333 shares beneficially owned directly following the reported transactions, plus indirect holdings of 157,899 shares in three children\\'s trusts and 519,105 shares in a deferred compensation plan.

Were the sales executed at single prices or multiple prices?

The sales were executed in multiple transactions; the filing provides price ranges ($81.75 to $81.98 on August 21 and $81.75 to $82.12 on August 22) and reports weighted average prices.

Do the filings disclose vesting history for the exercised options?

Yes, the filing states the option vested in three equal installments on February 20, 2020, 2021, and 2022.

Are there remaining option positions after the exercises?

Yes, the filing reports employee stock options underlying 270,911 and 253,391 common shares following the respective exercises.