Mazzu Sam A. III 4

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.