other material
confidence high
sentiment neutral
materiality 0.30
SCI amends SERP, ends active employee participation; two officers receive lump-sum payments of $192,806 and $95,685
SERVICE CORP INTERNATIONAL
- SERP amended effective Dec 21, 2022; active employee participation terminated.
- Thomas L. Ryan receives discounted lump sum of $192,806 for frozen benefit.
- Eric D. Tanzberger receives discounted lump sum of $95,685 for frozen benefit.
- Lump sum calculated at 4.15% interest rate; paid between Dec 21-31, 2022.