Armes Joseph B 4

What Happened
Joseph B. Armes, Chairman, President & CEO (and Director) of CSW Industrials, disposed of 12,394 shares on April 26, 2026 to satisfy a tax/payment obligation. The shares were valued at $296.18 each, for a total of $3,670,855. This disposition is coded as F (payment of exercise price or tax liability), meaning shares were withheld/surrendered to cover taxes rather than a typical open-market sale.

Key Details

• Transaction date: April 26, 2026; Filing date: April 28, 2026 (timely filing).
• Amount: 12,394 shares disposed at $296.18 per share; total value ~$3,670,855.
• Transaction code: F — payment of exercise price or tax liability (withholding/surrender).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes in the filing (F1–F4) describe performance rights and restricted stock units with multi‑year TSR-based vesting and CEO‑succession related RSU vesting; awards may be settled in cash or stock.

Context
An F-coded transaction typically reflects tax withholding or share surrender associated with vesting/exercise of awards and does not necessarily indicate a personal decision to liquidate holdings. The filing’s footnotes indicate the underlying awards include performance rights (TSR‑based over multi‑year cycles) and RSUs tied to CEO succession, which can be settled in cash or shares.