Perry James E 4

What Happened

• James E. Perry, Executive Vice President and Chief Financial Officer of CSW Industrials, was granted 1,808 performance rights on 2026-05-06. The Form 4 reports the award as an acquisition at $0.00 per right (total $0). These are derivative awards (performance rights), not an open-market purchase of common stock.

Key Details

• Transaction date: 2026-05-06; filing date: 2026-05-07 (filed next business day).
• Transaction type/code: Award/Grant (A); price reported $0.00; total reported value $0.
• Shares/units granted: 1,808 performance rights.
• Shares owned after transaction: not reported in the supplied filing.
• Footnote: Each performance right is a contingent right to receive one share at vesting. Vesting range is 0%–200% over a three-year performance cycle from April 1, 2026 to March 31, 2029 based on CSW’s relative total shareholder return vs. the Russell 2000. Awards may be settled in cash or in shares at the issuer’s discretion.

Context

• These performance rights are compensation-based awards, not immediate equity—vesting and final payout depend on future performance and may result in 0 to 3,616 shares if the award vests at 0%–200%. Such grants are common executive compensation and do not by themselves signal a buy or sell decision.