Mazzu Sam A. III 4
4 · CARRIAGE SERVICES INC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Carriage Services (CSV) VP Sam Mazzu Receives Restricted Stock Award
What Happened
Sam A. Mazzu III, Vice President, General Counsel & Secretary of Carriage Services, Inc. (CSV), was granted two awards on February 25, 2026: 1,559 restricted shares valued at $44.08 each (total value $68,721) and a separate 1,559-share performance-based award (no immediate dollar value reported). These were grants/awards (code A) as part of the company’s 2017 Omnibus Incentive Plan — compensation to an officer rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (filed within the usual 2-business-day window).
- Restricted stock: 1,559 shares at $44.08 per share; total reported value $68,721.
- Performance award: 1,559-share award payable in shares; no per-share price/value reported at grant.
- Shares owned after transaction: Not specified in the summary provided (not reported here).
- Footnotes:
- F1 — Restricted stock vests in equal increments each year over three years beginning 2/25/2027.
- F2 — The performance-based award vests (if at all) only if pre-set Adjusted Consolidated EBITDA targets are met for the period through 2/28/2029 and is subject to certification by the Compensation Committee and the reporter remaining continuously employed through that date.
- Transaction code: A = Award/Grant (compensation).
Context
These awards are part of executive compensation and do not represent an open-market purchase or sale. The restricted shares have a defined multi-year vesting schedule; the second award is contingent on future performance metrics and continuous employment, so it may never convert to shares unless conditions are met.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25$44.08/sh+1,559$68,721→ 8,219 total - Award
Performance Award
[F2]2026-02-25+1,559→ 1,559 totalExp: 2029-02-28→ Common Stock (1,559 underlying)
Footnotes (2)
- [F1]Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/25/2027.
- [F2]Represents a performance-based award, payable in shares, granted on February 25, 2026 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan (the "Plan"). The award will vest (if at all) provided that certain pre-determined performance metrics related to the Issuer's Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) are achieved during the period commencing on the grant date through February 28, 2029, and certified by the Issuer's Compensation Committee of the Board of Directors, subject to terms of the Plan, such award, and the Reporting Person remaining continuously employed by the Issuer through such date.