Armes Joseph B 4
Research Summary
AI-generated summary
CSW Industries (CSW) CEO Joseph Armes Sells 1,500 Shares
What Happened
- Joseph B. Armes, Chairman, President & CEO and a director of CSW Industries, sold 1,500 shares of CSW common stock on March 23, 2026. The weighted-average sale price was $270.11 per share for total proceeds of $405,165. The shares were sold in multiple transactions at prices between $270.00 and $270.50.
Key Details
- Transaction date: 2026-03-23; filing date: 2026-03-24 (timely).
- Type: Sale (code S) — open market or private sale; weighted-average price $270.11; price range $270.00–$270.50.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote highlights:
- Transaction was effected under a 10b5-1 trading plan established August 12, 2025 (pre-arranged trades).
- Filer can provide a breakdown of how many shares sold at each price within the reported range upon request.
- The filing also lists outstanding performance rights and restricted stock units with various vesting schedules and possible cash-or-stock settlement (see F3–F7).
Context
- Sales executed under a 10b5-1 plan are pre-scheduled and often routine; they do not necessarily indicate the insider’s current view of the company’s prospects.
- The sale was reported promptly (filed the next day), and the multiple transactions were aggregated into a weighted-average price for reporting.