WATTS MARCUS A 4
Research Summary
AI-generated summary
SCI Director Marcus Watts Receives 2,448 Shares
What Happened
Marcus A. Watts, a director of Service Corp International (SCI), was granted 2,448 shares on May 11, 2026. The Form 4 lists the transaction as an award/acquisition at $0.00 per share (total reported value $0), indicating a grant or similar non‑cash award rather than an open‑market purchase.
Key Details
- Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (appears timely under the two‑business‑day requirement).
- Transaction type/code: A — Award/Grant (acquisition).
- Shares acquired: 2,448; price per share: $0.00; total reported cash value: $0.
- Shares owned after transaction: Not specified in the provided data.
- Footnote: Shares are held by family trusts for which Mr. Watts is trustee (reported in the filing).
Context
This was an award/grant (typical for director compensation or family‑trust allocations), not an open‑market purchase or sale. Such grants don't necessarily signal the insider buying stock with personal funds; the footnote indicates beneficial ownership is via family trusts rather than direct personal holdings.