Carriage Services CIO resigns with separation package

Carriage Services, Inc. reported that Chief Information Officer Rob Franch resigned effective August 13, 2026.

Rhea-AI Filing Summary

Carriage Services, Inc. reported that Chief Information Officer Rob Franch resigned effective August 13, 2026. The company stated his resignation was not due to any disagreement regarding operations, policies, practices, controls, or financial and accounting matters. A search process has begun to identify a successor and support the company’s long-term strategic growth objectives.

Under a Separation Agreement, Mr. Franch will receive certain salary payments for 12 months after his departure, a pro-rated 2026 annual target bonus based on full-year performance, the option to elect up to 18 months of COBRA health coverage, and will provide consulting and transition assistance through December 31, 2026. The agreement includes customary release, confidentiality, non-competition, and non-disparagement provisions and terminates his prior employment agreement as of the effective date.

Filing Explained

Although Mr. Franch’s resignation took effect on August 13, 2026, the disclosed separation terms remain subject to his not revoking the agreement during a seven-day revocation period; the filing points to Exhibit 10.1 for the complete terms.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Effective resignation date: August 13, 2026 Salary continuation period: 12 months COBRA coverage option: 18 months +1 more

4 metrics

Effective resignation date August 13, 2026 Date Rob Franch resigned as Chief Information Officer

Salary continuation period 12 months Certain salary payments to be continued following the Effective Date

COBRA coverage option 18 months Maximum period of continuing health coverage Mr. Franch may elect under COBRA

Consulting end date December 31, 2026 End date for as-needed consulting and transition assistance

Key Terms

Separation Agreement, COBRA, non-competition, non-disparagement, +1 more

5 terms

Separation Agreement regulatory

"Related to Mr. Franch’s resignation, Mr. Franch and the Company have entered into a release and separation agreement"

A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.

COBRA regulatory

"an option to elect up to eighteen (18) months of continuing health coverage under COBRA following the Effective Date"

COBRA is a U.S. federal law that lets employees and their dependents temporarily keep employer-sponsored health insurance after job loss, reduction in hours, or other qualifying events by paying the premiums themselves. Investors should care because offering COBRA can affect a company’s cash flow, administrative costs and legal disclosures when workforce changes occur—similar to a former club member paying to keep their membership active after leaving the club.

non-competition regulatory

"The Separation Agreement ... contains customary release, confidentially, non-competition and non-disparagement provisions."

A non-competition is a contractual restriction that prevents a person or business from starting or working in a competing business within a specified time and geographic area after leaving a job or completing a transaction. It matters to investors because it acts like a temporary fence around customers, trade secrets and know‑how, helping protect future revenue and company value; weak or unenforceable restrictions can increase the risk of customer loss and competitive erosion.

non-disparagement regulatory

"The Separation Agreement ... contains customary release, confidentially, non-competition and non-disparagement provisions."

A non-disparagement provision is a promise in an agreement that one party will not make negative public statements about the other, like a vow to avoid “badmouthing” a business or its leaders. Investors care because such promises protect reputation and can limit public criticism that might affect a company’s stock price, signal unresolved disputes, or introduce legal risk if enforcement leads to further costs or constrained disclosure.

Inline XBRL technical

"the cover page XBRL tags are embedded within the Inline XBRL document"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Carriage Services (CSV) announce the resignation of its Chief Information Officer?

Carriage Services disclosed that CIO Rob Franch resigned effective August 13, 2026. The company specified that his resignation was not due to any disagreement over operations, policies, practices, controls, or financial and accounting-related matters or disclosures.

What are the key financial terms of Rob Franch’s Separation Agreement with Carriage Services (CSV)?

Under the Separation Agreement, Mr. Franch will receive 12 months of certain salary continuation, a pro-rated 2026 target bonus based on full-year company performance, and may elect up to 18 months of COBRA health coverage following his resignation.

How long will former CIO Rob Franch continue supporting Carriage Services (CSV) after his resignation?

Mr. Franch agreed to provide as-needed consulting and transition assistance to Carriage Services from his August 13, 2026 resignation date through December 31, 2026, helping with continuity while the company searches for a successor CIO.

Did Carriage Services (CSV) report any disputes or control issues tied to the CIO’s resignation?

Carriage Services stated that Mr. Franch’s resignation was not the result of any disagreement with the company or its Board concerning operations, policies, practices, internal controls, or financial and accounting-related matters or disclosures.

What restrictive covenants are included in Rob Franch’s Separation Agreement with Carriage Services (CSV)?

The Separation Agreement includes customary provisions such as a release of claims, confidentiality, non-competition, and non-disparagement obligations, and it terminates his prior employment agreement with Carriage Services as of the effective date.

Is Carriage Services (CSV) searching for a new Chief Information Officer after the resignation?

Carriage Services has commenced a search process to identify a successor Chief Information Officer and to help ensure continued execution of the company’s long-term strategic growth objectives following Mr. Franch’s resignation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2026 - 04:44 PM EDT Learn about SEC filing dates

0001016281False00010162812026-08-132026-08-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 13, 2026

Carriage Services, Inc.

(Exact name of registrant as specified in its charter)

Delaware

1-11961

76-0423828

(State or other jurisdiction    of incorporation)

(Commission    File Number)

(IRS Employer    Identification No.)

3040 Post Oak Boulevard, Suite 300

Houston, Texas 77056

(Address, including zip code, of principal executive offices)

Registrant's telephone number, including area code:

(713) 332-8400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, par value $.01 per share			CSV			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

                                         Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 5.02    DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

(b) Resignation of Rob Franch as Chief Information Officer

On August 13, 2026, Rob Franch informed Carriage Services, Inc. (the “Company”) that he would resign from his position as Chief Information Officer of the Company effective that same day (the “Effective Date”). Mr. Franch’s resignation is not the result of any disagreement with the Company or its Board of Directors on any matter relating to its operations, policies, or practices, including any matters concerning the Company’s controls or any financial or accounting-related matters or disclosures. The Company has commenced a search process to identify a successor and ensure continued execution of the Company’s long-term strategic growth objectives.

Related to Mr. Franch’s resignation, Mr. Franch and the Company have entered into a release and separation agreement (the “Separation Agreement”), subject to Mr. Franch not revoking the Separation Agreement during a seven-day revocation period, which provides for (i) the continuation of certain salary payments to Mr. Franch for twelve (12) months following the Effective Date; (ii) payment of his annual target bonus for 2026 based on the Company’s performance results for the full year and pro-rated for the number of days he was employed by the Company during 2026; (iii) an option to elect up to eighteen (18) months of continuing health coverage under COBRA following the Effective Date; and (iv) Mr. Franch providing certain as-needed consulting and transition assistance to Company following the Effective Date until December 31, 2026. The Separation Agreement, which terminates Mr. Franch’s employment agreement with the Company as of the Effective Date, contains customary release, confidentially, non-competition and non-disparagement provisions.

The foregoing summary of the Separation Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Separation Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

The following are furnished as part of this Current Report on Form 8-K:

Exhibit						Description
10.1						Release and Separation Agreement dated August 13, 2026, between Rob Franch and Carriage Services, Inc.
101						Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document
104						The cover page from this Current Report on Form 8-K, formatted as Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			CARRIAGE SERVICES, INC.
Dated: August 14, 2026			By:						/s/ John Enwright
									John Enwright
									Senior Vice President, Chief Financial Officer and Treasurer

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 51.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.3 KB