Quezada Carlos R. 4

4 · CARRIAGE SERVICES INC · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Carriage Services (CSV) CEO Carlos R. Quezada Receives Awards

What Happened

Carlos R. Quezada, CEO and Director of Carriage Services, received two equity awards (transaction code A) on February 25, 2026. One award is 20,417 restricted shares valued at $44.08 per share (total ≈ $899,981). The second award is a 20,417-share performance-based award (value reported as N/A) payable in shares if performance and employment conditions are met.
These were grants/compensation awards (not open-market purchases or sales).

Key Details

Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
Award 1: 20,417 restricted shares at $44.08 per share — total ≈ $899,981.
Award 2: 20,417 performance-based shares — reported price N/A; vesting contingent on performance.
Shares owned after the transaction: not specified in the provided summary — see full filing for post-transaction holdings.
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 goals measured through 2/28/2029, requires Certification by the Compensation Committee and continuous employment through the vesting date.

Context

These grants are compensation-related awards, not open-market insider buying; restricted shares and performance grants are commonly used to align executive incentives with company performance and retention.
The performance award is a derivative-style grant (payable in shares only if targets are met), so its ultimate value depends on future results and committee certification.

Form 4

Period: 2026-02-25

DirectorCEO

Transactions

Award
Common Stock
[F1]
2026-02-25$44.08/sh+20,417$899,981→ 109,110 total
Award
Performance Award
[F2]
2026-02-25+20,417→ 20,417 total
Exp: 2029-02-28→ Common Stock (20,417 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.

Signature

/s/ Carlos R. Quezada|2026-02-27

1 file