Form 4: Carriage Services Director Somer Webb Acquires Shares as Part of Director Compensation
SEC Form 4 Filing
Director Somer Webb acquired 753 shares of Carriage Services Inc. common stock on September 30, 2024, as part of director compensation.
Summary
- On September 30, 2024, Somer Webb, a director of Carriage Services Inc., acquired 753 shares of common stock.
- The acquisition was part of the director compensation policy.
- The price per share was $32.83.
- Following the transaction, Webb directly owns 7,073 shares of Carriage Services Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and insider confidence in the company.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
Director compensation in the form of stock awards is a common practice in publicly traded companies to align the interests of directors with those of shareholders.
Related Party Transactions
- The acquisition of shares by Somer Webb, a director, is a related party transaction.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it aligns director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Somer Webb acquired 753 shares of Carriage Services Inc. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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