secwatch.observer — SEC 8-K summary
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Issuer:     SERVICE CORP INTERNATIONAL (SCI)
CIK:        0000089089
Form:       8-K
Filed at:   2026-07-29T21:07:01+00:00
Accession:  0000089089-26-000079
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SCI Board rejects director Watts' resignation after shareholder engagement
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- Mr. Watts received less than a majority of votes at 2026 annual meeting; tendered conditional resignation.
- Board unanimously rejected resignation after Committee considered feedback from 11 shareholders representing >41% of shares.
- Shareholders expressed no concerns about Watts' fitness; voted against him due to governance changes.
- ISS and Glass Lewis recommended against Watts as Chair of Nominating and Corporate Governance Committee.
- Watts will continue as director until 2027 annual meeting or earlier succession.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89089/000008908926000079/0000089089-26-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89089/000008908926000079/sci-20260729.htm
  HTML page:      https://secwatch.observer/filing/0000089089-26-000079

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