secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0000089089-25-000075
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI adopts bylaw amendments: 3% derivative threshold, jury trial waiver, exclusive forum
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- New ownership threshold requires shareholders to hold at least 3% of outstanding common stock to initiate derivative proceedings.
- Jury trial waiver added for 'internal entity claims' as defined under the Texas Business Organizations Code.
- Exclusive forum for internal claims: U.S. District Court for Southern District of Texas, or Texas Business Court, or state court in Harris County.
- Chairman of Board may now receive director resignation letters; outdated references updated (e.g., telegraph replaced with electronic transmission).
- Amendments effective August 6, 2025, reflecting recent Texas Business Organizations Code changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908925000075/0000089089-25-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908925000075/sci-20250806.htm
  HTML page:      https://secwatch.observer/filing/0000089089-25-000075

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