Shanley Kathryn 4
4 · CARRIAGE SERVICES INC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Carriage Services (CSV) CAO Kathryn Shanley Receives Stock Awards
What Happened
Kathryn Shanley, Chief Accounting Officer of Carriage Services, received two equity awards on February 25, 2026: a grant of 6,006 restricted common shares priced at $44.08 per share (aggregate value $264,744) and a separate 6,006-share performance-based award reported as a derivative (no per-share price listed). These were reported on a Form 4 filed February 27, 2026.
Key Details
- Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing within the usual 2-business-day window).
- Award types/codes: A = Award/Grant; one restricted stock grant and one performance-based award (derivative).
- Economic terms shown: 6,006 restricted shares @ $44.08 ($264,744); 6,006 performance shares reported as N/A (payable in shares if earned).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes:
- F1 — Restricted stock vests in equal increments each year over three years beginning 2/25/2027.
- F2 — Performance award vests (if at all) based on pre-set Adjusted Consolidated EBITDA targets for the period through 2/28/2029, requires Compensation Committee certification and continued employment through the vesting date.
Context
These transactions are compensation grants, not open-market purchases or sales. The restricted shares will vest over time (starting one year after grant) and the performance award is contingent on future EBITDA targets and employment, so the performance award may never convert into shares unless conditions are met. Such grants are common for executive compensation and do not by themselves indicate a buying or selling signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25$44.08/sh+6,006$264,744→ 11,616 total - Award
Performance Award
[F2]2026-02-25+6,006→ 6,006 totalExp: 2029-02-28→ Common Stock (6,006 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.