other material
confidence high
sentiment neutral
materiality 0.20
Carriage Services terminates $100M at-the-market equity program with Oppenheimer and Raymond James
CARRIAGE SERVICES INC
- On October 4, 2026, Carriage Services terminated its Equity Distribution Agreement dated May 6, 2026 with sales agents Oppenheimer & Co. Inc. and Raymond James & Associates, Inc.
- The ATM Program had allowed sales of up to $100 million of common stock, par value $0.01 per share; the company sold zero shares under the program before termination.
- Carriage Services said it is not subject to any termination penalties related to ending the agreement.
- Agreement terms were originally filed as Exhibit 10.1 to the Form 8-K dated May 6, 2026; termination was signed by CFO and Treasurer John Enwright on October 5, 2026.