Carriage Services (CSV) CFO granted restricted and performance stock awards

Rhea-AI Filing Summary

Enwright John reported acquisition or exercise transactions in this Form 4 filing.

Carriage Services senior vice president, CFO and treasurer John Enwright received equity compensation on February 25, 2026. He was granted 8,507 shares of common stock at a stated price of $44.08 per share, increasing his directly held common stock to 15,217 shares.

He also received a performance-based award for 8,507 performance share units under the 2017 Omnibus Incentive Plan. The restricted stock portion will vest in equal annual installments over three years beginning February 25, 2027. The performance award vests only if preset Adjusted Consolidated EBITDA targets are achieved through February 28, 2029 and certified by the compensation committee, and if he remains continuously employed.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Enwright John

(Last) (First) (Middle)

3040 POST OAK BOULEVARD

SUITE #300

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARRIAGE SERVICES INC [ CSV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		A		8,507(1)	A	$44.08	15,217	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Peformance Award	(2)	02/25/2026		A		8,507		(2)	02/28/2029	Common Stock	8,507	(2)	8,507	D

Explanation of Responses:

1. 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 2/25/2027.

2. Represents a performance-based award, payable in shares, granted on February 25, 2026 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan (the "Plan"). The award will vest (if at all) provided that certain pre-determined performance metrics related to the Issuer's Adjusted Consolidated EBITDA (Adjusted Earnings Before Interest Tax Depreciation and Amortization) are achieved during the period commencing on the grant date through February 28, 2029, and certified by the Issuer's Compensation Committee of the Board of Directors, subject to terms of the Plan, such award, and the Reporting Person remaining continuously employed by the Issuer through such date.

Remarks:

	/s/ John Enwright	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did CSV executive John Enwright report on this Form 4?

John Enwright reported receiving equity compensation awards, not open-market purchases or sales. He was granted 8,507 shares of Carriage Services common stock plus a 8,507-share performance-based award under the 2017 Omnibus Incentive Plan as part of his executive compensation.

How many Carriage Services (CSV) shares did the CFO acquire in this grant?

The CFO received 8,507 shares of Carriage Services common stock in this grant. This award brought his directly owned common stock holdings to 15,217 shares, reflecting compensation-based acquisition rather than a market purchase, according to the reported Form 4 transaction details.

What is the structure of the restricted stock grant to CSV CFO Enwright?

The restricted stock grant to Enwright vests in three equal annual installments. Vesting begins on February 25, 2027 under the Carriage Services, Inc. 2017 Omnibus Incentive Plan, aligning his compensation with longer-term service at the company over a multi-year period.

How does the performance-based award for CSV’s CFO vest and what metrics apply?

The performance-based award vests only if specific Adjusted Consolidated EBITDA goals are met. These targets apply over the period from the February 25, 2026 grant date through February 28, 2029 and must be certified by the compensation committee, with continued employment required.

Is the Carriage Services (CSV) Form 4 transaction a market buy or sell of shares?

The Form 4 shows compensation-related acquisitions, not market buys or sells. Both the 8,507-share common stock grant and the 8,507-share performance award are reported as grants or awards under the 2017 Omnibus Incentive Plan to the company’s senior vice president, CFO and treasurer.

What plan governs the equity awards granted to Carriage Services (CSV) CFO?

Both the restricted stock and performance-based awards were granted under the Carriage Services, Inc. 2017 Omnibus Incentive Plan. This plan governs terms such as vesting schedules, performance conditions, and continued employment requirements for equity compensation granted to executives like the CFO.