{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-015900","form_type":"8-K","ticker":"CSV","cik":"0001016281","company_name":"CARRIAGE SERVICES INC","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.111884+00:00","generated_at":"2026-06-05T18:05:28.736151+00:00","sec_items":["1.01","5.02","1.02","2.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carriage Services Q4 revenue up 5.2%; founder Payne steps down; strategic review ends with no sale","bullets":["Q4 revenue $98.8M (+5.2% YoY); adj. EBITDA $32.4M (+13.2% YoY); adj. diluted EPS $0.77 vs $0.64.","Full-year 2023 revenue $382.5M (+3.3%); adj. EBITDA $113.2M (+3.5%); GAAP net income $33.4M, down from $41.4M due to higher interest.","Founder & Executive Chairman Mel Payne ceases role effective Feb 22, becomes special advisor; remains director until May 2024 meeting.","Board concludes strategic review; unanimously decides to remain independent after receiving but rejecting multiple proposals.","2024 outlook: revenue $380-390M, adj. EBITDA $112-118M, adj. diluted EPS $2.20-2.30; includes two non-core divestitures."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-015900","json":"https://secwatch.observer/filing/0001213900-24-015900.json","markdown":"https://secwatch.observer/filing/0001213900-24-015900.md","text":"https://secwatch.observer/filing/0001213900-24-015900.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1016281/000121390024015900/0001213900-24-015900-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1016281/000121390024015900/ea0200435-8k_carriage.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:05:28.736151+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"420641fa7b8b9ed383d88bf97dbd55c8b05cdfd6","claim":"CARRIAGE SERVICES INC reported financial results for the fourth quarter and year ended December 31, 2023.","evidence_excerpt":"Carriage Services, Inc. (NYSE: CSV) today announced results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1016281/000121390024015900/0001213900-24-015900-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ebdb574088","claim":"Melvin C. Payne changed role as Executive Chairman of the Board at CARRIAGE SERVICES INC.","evidence_excerpt":"on February 22, 2024 (the “Transition Date”), Melvin C. Payne, the Company’s founder and former Chief Executive Officer, will cease to serve as Executive Chairman of the Board of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1016281/000121390024015900/0001213900-24-015900-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"cease to serve"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}