Form 4: Carriage Services CEO Discloses Tax-Related Stock Disposition

Carriage Services CEO Carlos R. Quezada reported the disposition of 1,627 common shares to cover tax obligations related to restricted stock vesting.

Summary

• Carlos R. Quezada, CEO and Director of Carriage Services Inc. (CSV), reported a transaction involving company common stock.
• On February 19, 2026, 1,627 shares of common stock were disposed of.
• The disposition was due to shares being withheld by the Issuer to cover applicable withholding taxes.
• These taxes were related to the vesting of restricted stock that was granted on February 19, 2025.
• The price per share for the disposition was $44.22.
• Following this transaction, Mr. Quezada beneficially owns 92,524 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related disposition of shares rather than a discretionary sale or purchase by the insider.

Positives

• The transaction is a routine tax-related event, not a discretionary sale by the insider, which can be viewed as a neutral rather than negative signal.

Negatives

• A reduction in direct beneficial ownership by a key executive, even for tax purposes, slightly decreases their direct equity stake in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related dispositions of restricted stock are common occurrences for executives in publicly traded companies across all industries, reflecting standard compensation and tax practices rather than a specific industry trend.

Related Party Transactions

• The transaction involves the company (Issuer) withholding shares from its CEO (Carlos R. Quezada) to cover tax liabilities related to his compensation, which is a standard related-party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax event, not a discretionary sale indicating a change in confidence.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by the CEO for tax purposes related to restricted stock vesting. It does not provide new information that would fundamentally alter the investment thesis for Carriage Services Inc. Therefore, a 'hold' recommendation is appropriate as this event is neutral to the company's operational performance or strategic direction.

Keywords

Carriage Services, CSV, Carlos R. Quezada, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock, Tax Withholding, CEO, Director