Service Corporation International (SCI) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
3 Apr, 2026Voting matters and shareholder proposals
Shareholders will vote on Proposal 6 to amend the Articles of Incorporation to limit the liability of officers, aligning with the fullest extent permitted by Texas law, in addition to existing director protections.
The amendment clarifies exceptions to liability, including breaches of duty of loyalty, acts not in good faith, improper benefits, statutory liabilities, and unlawful stock repurchases or dividends.
Any future changes to Texas law that further limit liability will automatically update the Articles without additional shareholder or board action.
Shareholder rights and capital structure
The proposed amendment ensures that any repeal or amendment of the liability limitation will only apply prospectively, protecting existing directors and officers from retroactive changes.
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