Director/Officer Thomas L. Ryan Plans $21.6M Stock Sale After Option Exercise
SCI sits 26% above its 52-week low of $68.41.
Summary
Service Corporation International officer and director Thomas L. Ryan plans to sell $21.6 million in stock acquired through an option exercise, a notable insider transaction following strong Q2 results.
Key Events · Ownership and Investor Activity · SCI
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Insider Plans $21.6M Sale
Officer and Director Thomas L. Ryan filed to sell 253,391 shares valued at approximately $21.6 million, acquired via same-day option exercise.
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Financial Impact
The sale represents about 0.18% of outstanding shares; proceeds go entirely to the insider, not the company.
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Timing After Strong Earnings
The filing comes two days after SCI reported Q2 adjusted EPS of $0.90, beating estimates, and raised 2026 cash flow guidance by $50 million.
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No Prior Sales in Past 3 Months
The Form 144 indicates no securities were sold by the filer in the prior three months, making this the first reported sale in that period.
Analysis · SCI · Trade & Services
Thomas L. Ryan, an officer and director of Service Corporation International, filed a Form 144 to sell 253,391 shares acquired through a same-day option exercise. The proposed sale is valued at approximately $21.6 million based on the current stock price. While the sale represents a modest 0.18% of outstanding shares, the dollar amount is significant and comes from a senior insider. The filing follows strong Q2 results and a raised guidance, but insider selling after an earnings beat can raise questions about management's near-term outlook. The shares were acquired via option exercise, not open-market purchase, which somewhat tempers the signal, but the cash-out is still notable.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 29.6% of the 1742 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SCI was trading at $86.19 on NYSE in the Trade & Services sector, with a market capitalization of approximately $11.9B. The 52-week trading range was $68.41 to $90.99. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.