Quezada Carlos R. 4

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.