Form 4: Carriage Services Inc. Executive Shawn R. Phillips Sells Shares
SEC Form 4
Shawn R. Phillips, Sr. VP & Regional Partner of Carriage Services Inc., sold a total of 19,916 shares of common stock in multiple transactions between August 9 and August 13, 2024.
Summary
- Shawn R. Phillips, a Sr. VP & Regional Partner at Carriage Services Inc. (CSV), reported the sale of company stock.
- On August 9, 2024, Phillips sold 5,000 shares at a weighted average price of $29.73 per share.
- On August 12, 2024, 7,101 shares were sold at a weighted average price of $30.00 per share.
- On August 13, 2024, Phillips sold 7,815 shares at a weighted average price of $30.04 per share.
- Following these transactions, Phillips directly owns 82,885 shares of Carriage Services Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock sales by an executive. The sales themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- Shareholders may be interested in insider trading activity as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Sale of 5,000 shares of common stock at a weighted average price of $29.73. |
| 08/12/2024 | Sale of 7,101 shares of common stock at a weighted average price of $30.00. |
| 08/13/2024 | Sale of 7,815 shares of common stock at a weighted average price of $30.04. |
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