Form 4: Carriage Services CEO Carlos Quezada Sells Shares Under 10b5-1 Plan

Carriage Services CEO Carlos Quezada sold 4,357 shares of common stock at an average price of $40.61 on May 7, 2025, under a pre-arranged Rule 10b5-1(c) trading plan.

Summary

• On May 7, 2025, Carlos Quezada, CEO of Carriage Services Inc., sold 4,357 shares of common stock.
• The sale was executed automatically under a Rule 10b5-1(c) plan established on December 27, 2024.
• The shares were sold at a weighted average price of $40.61, with individual transactions ranging from $40.10 to $41.00.
• Following the transaction, Quezada directly owns 102,583 shares of Carriage Services Inc.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote upon request.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan.

Industry Context

Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates the executive is selling at predetermined times and prices to avoid insider trading accusations.

Stakeholder Impact

• The sale of shares by the CEO could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Carriage Services Inc, Carlos Quezada, Form 4, SEC, Share Sale, Rule 10b5-1, CEO, CSV