This insider selling cluster is routine and non-informative. Both sales follow option exercises and are small relative to market cap. No immediate trading action is warranted. Monitor next quarterly earnings for any fundamental changes, but this filing does not alter the investment thesis.
Price Chart
Executive Summary
Two top executives at Service Corp International (CFO and COO) sold a combined $6.82M in open-market stock within a week, following derivative exercises. The CFO's sale of $4.72M and the COO's sale of $2.11M represent 0.06% of SCI's $11.7B market cap, which is below the 0.1% materiality threshold. The sales are likely liquidity-driven, tied to the exercise of stock options, and do not signal a bearish view on the company's fundamentals given the routine proportionality and the weak predictive power of insider sales clusters.
Key Financial Metrics
Key Facts
- CFO Eric Tanzberger sold 54,800 shares for $4.72M on 2026-08-03 after exercising options at $49.59/share.
- COO John Faulk sold 24,600 shares for $2.11M on 2026-07-31 after exercising options at $42.63/share.
- Total open-market sales of $6.82M represent only 0.06% of SCI's $11.7B market cap, well below the 0.1% materiality threshold.
- Both sales were preceded by same-day derivative exercises, indicating the sales are likely for tax or liquidity purposes, not a bearish signal.
- Historical performance on SCI shows a 14% win rate at T+20, suggesting the stock has been weak, but this cluster does not add new bearish information.
Financial Impact
Total insider sales of $6.82M, or 0.06% of market cap, are routine and immaterial.
Risk Factors
- Insider sales, while routine here, could be misinterpreted by the market as a negative signal.
- SCI's historical stock performance has been weak (avg -5.34% at T+20), but this cluster does not explain that trend.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SCI-1785871812867 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | Press Release | $85.34 $81.09 | ▼ −4.98% | ▼ −4.38% | $76.96 (−9.83%) |
Aug 4, 2026 8w ago | Insider Cluster | $85.52 $81.43 | ▼ −4.78% | ▼ −3.54% | $76.96 (−10.02%) |
Aug 4, 2026 8w ago | Insider Cluster | $85.52 $81.43 | ▼ −4.78% | ▼ −3.54% | $76.96 (−10.02%) |
Jul 29, 2026 9w ago | 8-K | $85.29 $83.47 | ▼ −2.13% | ▼ −6.10% | $76.96 (−9.77%) |
Jul 29, 2026 9w ago | Press Release | $85.29 $83.47 | ▼ −2.13% | ▼ −6.10% | $76.96 (−9.77%) |
Jul 16, 2026 11w ago | Press Release | $79.67 $83.12 | ▲ +4.33% | ▲ +0.71% | $76.96 (−3.41%) |
May 6, 2026 21w ago | 8-K | $78.38 $68.77 | ▼ −12.26% | ▼ −15.04% | $76.96 (−1.82%) |
Apr 29, 2026 22w ago | 8-K | $80.66 $75.10 | ▼ −6.89% | ▼ −12.12% | $76.96 (−4.59%) |
Apr 24, 2026 22w ago | DEFA14A | $87.39 $76.73 | ▼ −12.20% | ▼ −16.22% | $76.96 (−11.94%) |
Apr 3, 2026 25w ago | DEFA14A | $82.27 $78.62 | ▼ −4.44% | ▼ −13.42% | $76.96 (−6.46%) |
US Market Status
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