Pudenz Shane 4

What Happened
Shane Pudenz, Vice President of Sales at Carriage Services, received equity awards on February 25, 2026. He was granted 6,210 restricted shares at a reported price of $44.08 per share (total value ≈ $273,737) and a separate performance-based award for 6,210 shares (value listed as N/A). Both items are reported as awards/grants (transaction code A) rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (appears timely).
• Restricted stock: 6,210 shares @ $44.08 each — total ≈ $273,737.
• Performance-based award: 6,210 shares, value N/A (derivative/contingent award).
• Vesting for restricted stock: vests in equal increments each year over three years beginning 2/25/2027 (Footnote F1).
• Performance award vesting: payable in shares only if pre-set Adjusted Consolidated EBITDA goals are met for the period from the grant date through 2/28/2029 and certified by the Compensation Committee; requires continued employment through that date (Footnote F2).
• Shares owned after the transaction: not disclosed in the filing.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or late-filing flags reported in this filing.

Context
Restricted stock grants and performance awards are routine executive compensation — the restricted shares are a time-based award that will convert to owned shares as they vest, while the performance award is contingent on future results and may pay out zero to full shares depending on achievement of metrics. These awards represent compensation and retention tools rather than immediate buy/sell signals.