Form 4: Carriage Services Inc. Executive Kathryn Shanley Reports Stock Grant and Disposal
SEC Form 4 Filing
Kathryn Shanley, Chief Accounting Officer of Carriage Services Inc., reports the acquisition of restricted stock and disposal of common stock on February 19, 2025.
Summary
- Kathryn Shanley, Chief Accounting Officer of Carriage Services Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 19, 2025, Shanley acquired 5,867 shares of common stock at a price of $41.54 per share.
- The acquisition was a restricted stock grant under the 2017 Omnibus Incentive Plan, vesting in equal increments over three years starting February 19, 2026.
- Shanley also disposed of 6,189 shares of common stock.
- Following these transactions, Shanley directly owns 6,189 shares of Carriage Services Inc.
- stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The stock grant is a positive sign, but the disposal of shares is neutral.
Positives
- The grant of restricted stock to a key executive aligns their interests with the long-term performance of the company.
Future Outlook
The restricted stock grant vests over three years, suggesting a commitment from the executive to the company's future.
Industry Context
Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The stock grant could positively impact shareholder confidence by aligning executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock acquisition and disposal. |
| 02/19/2026 | First vesting date for the restricted stock grant. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Kathryn Shanley, Carriage Services Inc., CSV, Restricted Stock, Chief Accounting Officer, Stock Grant
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