Carriage Services Inc: terminates $100,000,000 equity distribution agreement

What happened The filing says that on Oct 4, 2026, Carriage Services Inc terminated its Equity Distribution Agreement dated May 6, 2026 with Oppenheimer & Co. Inc. and Raymond James & Associates, Inc. Under the agreement, the company could sell shares of its common stock, par value $0.01 per share, having an aggregate offering price of up to $100,000,000 in “at-the-market” offerings (the ATM Program). The filing says the company did not sell any shares under the ATM Program prior to termination and is not subject to any termination penalties.

Key details

• Agreement date: May 6, 2026.
• Termination date: Oct 4, 2026.
• Maximum aggregate offering price under the ATM Program: $100,000,000.
• No shares were sold under the ATM Program; no termination penalties.

Why it may matter The company reported Item 1.02 (Termination of a Material Definitive Agreement), which covers the end of the Equity Distribution Agreement that had enabled at-the-market sales of common stock up to $100,000,000 through the named sales agents. The filing does not show why the insider traded or why the company acted.