Form 4: Carriage Services Inc. Executive Shawn R. Phillips Reports Stock Transactions
SEC Form 4
Shawn R. Phillips, a Senior VP & Regional Partner at Carriage Services Inc., reports acquisition and disposal of common stock and vesting of performance awards.
Summary
- On February 19, 2025, Shawn R. Phillips acquired 6,680 shares of Carriage Services Inc. common stock at $41.54 per share.
- On the same day, Phillips acquired 32,778 shares through the vesting of performance awards at $39.85 per share.
- Also on February 19, 2025, 14,052 shares were withheld by the issuer to cover taxes related to the vesting of performance awards at $39.85 per share.
- Following these transactions, Phillips beneficially owns 116,455 shares of Carriage Services Inc. common stock.
- Phillips also holds various stock options with different exercise prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports transactions without expressing any positive or negative outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/21/2017 | Stock Options granted on 3/21/2017 pursuant to the Carriage Services, Inc. Second Amended and Restated 2006 Long-Term Incentive Plan which vested in equal increments each each over five years beginning 3/21/2018. |
| 02/14/2018 | Stock Options granted on 2/14/2018 pursuant to the Carriage Services, Inc. 2017 Omnibus Plan which will vested in equal increments each year over five years beginning on 2/14/2019. |
| 05/19/2020 | Performance awards granted on May 19, 2020 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. |
| 02/17/2021 | Stock Options granted on 2/17/2021 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over five years beginning on 2/14/2022. |
| 02/23/2022 | Stock Options granted on 2/23/2022 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over seven years beginning 2/23/2023. |
| 02/22/2023 | Stock Options granted on 2/22/2023 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/22/2024. |
| 02/21/2024 | Stock Options granted on 2/21/2024 pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/21/2025. |
| 12/31/2024 | Performance awards vested on December 31, 2024. |
| 02/19/2025 | Date of earliest transaction; acquisition of common stock and vesting of performance awards. |
| 02/19/2025 | Shares withheld by the Issuer on February 19, 2025 to cover taxes associated with the vesting of performance awards shares which were granted on May 19, 2020, vested on December 31, 2024, and issued on February 19, 2025, in accordance with the terms of the award. |
| 02/21/2025 | Signature date of the reporting person. |
| 02/19/2026 | Restricted Stock grant pursuant to the Carriage Services, Inc. 2017 Omnibus Incentive Plan which will vest in equal increments each year over three years beginning 2/19/2026. |
| 03/21/2027 | Expiration date of stock options granted on 3/21/2017. |
| 02/14/2028 | Expiration date of stock options granted on 2/14/2018. |
| 02/17/2031 | Expiration date of stock options granted on 2/17/2021. |
| 02/23/2032 | Expiration date of stock options granted on 2/23/2022. |
| 02/22/2033 | Expiration date of stock options granted on 2/22/2023. |
| 02/21/2034 | Expiration date of stock options granted on 2/21/2024. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Performance Awards, Carriage Services Inc., CSV, Shawn R. Phillips, Stock Transactions
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