8-K
filed May 5, 2023, 7:59 PM ET
ticker SCI
CIK 0000089089
other
confidence high
sentiment neutral
materiality 0.35
SCI board adopts proxy access, declares $0.27 quarterly dividend, and reports annual meeting results
SERVICE CORP INTERNATIONAL
- Bylaw amendment permits proxy access: shareholders with 3%+ ownership for 3+ years can nominate up to 20% of board or two candidates, effective for 2024 annual meeting.
- Quarterly cash dividend of $0.27 per share declared, payable June 30, 2023 to holders of record June 15, 2023.
- Shareholders elected 10 directors, approved PwC as auditor for fiscal 2023, and approved say-on-pay with a 1-year frequency for future advisory votes.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
SERVICE CORP INTERNATIONAL: Amended and Restated Bylaws to implement proxy access and make other revisions (effective 2023-05-02).
- Change
- bylaw amendment
- Effective
- 2023-05-02
Exact text from the filing
On May 2, 2023, the Board of Directors (the “Board”) of Service Corporation International (the “Company”) approved and adopted Amended and Restated Bylaws of the Company (as so amended and restated, the “Bylaws”), that became immediately effective.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SERVICE CORP INTERNATIONAL shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2023-05-02 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-02
Exact text from the filing
Proposal 3: Advisory Vote to Approve Named Executive Officer Compensation The shareholders approved the proposal by casting their votes as follows. Votes For Votes Against Abstentions Broker Non-Votes 106,943,430 20,581,509 259,245 8,132,748
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SERVICE CORP INTERNATIONAL shareholders approved Approval of the Selection of PricewaterhouseCoopers LLP as the Company's Registered Public Accounting Firm for Fiscal 2023 at the 2023-05-02 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-02
Exact text from the filing
Proposal 2: Approval of the Selection of PricewaterhouseCoopers LLP as the Company's Registered Public Accounting Firm for Fiscal 2023 The shareholders approved the proposal by casting their votes as follows. Votes For Votes Against Abstentions Broker Non-Votes 123,769,105 11,965,915 181,912 -0-
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SERVICE CORP INTERNATIONAL shareholders approved Election of Directors at the 2023-05-02 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-02
Exact text from the filing
Proposal 1: Election of Directors The shareholders cast their votes as follows and elected ten directors. Nominee Votes For Votes Against Abstentions Broker Non-Votes Alan R. Buckwalter 109,665,293 18,012,449 106,442 8,132,748 Anthony L. Coelho 111,131,991 16,488,725 163,468 8,132,748 Jakki L. Haussler 126,747,445 927,953 108,786 8,132,748 Victor L. Lund 111,779,224 15,893,688 111,272 8,132,748 Ellen Ochoa 116,598,318 11,081,969 103,897 8,132,748 Thomas L. Ryan 117,361,657 8,552,647 1,869,880 8,132,748 C. Park Shaper 126,141,423 1,531,928 110,883 8,132,748 Sara Martinez Tucker 123,090,693 4,410,075 283,416 8,132,748 W. Blair Waltrip 124,046,014 3,622,863 115,307 8,132,748 Marcus A. Watts 106,238,630 21,439,269 106,285 8,132,748
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SERVICE CORP INTERNATIONAL shareholders voted on Frequency of Advisory Vote to Approve Named Executive Officer Compensation at the 2023-05-02 meeting.
- Proposal
- say on pay frequency
- Meeting
- 2023-05-02
Exact text from the filing
Proposal 4: Frequency of Advisory Vote to Approve Named Executive Officer Compensation One Year Two Years Three Years Abstentions Broker Non-Votes 125,064,684 49,037 2,496,832 173,631 -0-
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.