Armes Joseph B 4

What Happened
Joseph B. Armes, Chairman, President & CEO (and Director) of CSW Industrials, sold 1,500 shares of CSW common stock in an open‑market sale on June 15, 2026. The weighted average sale price was $279.52 per share, for aggregate proceeds of $419,277. The sales were executed under a prearranged 10b5‑1 trading plan.

Key Details

• Transaction date: June 15, 2026 (reported on Form 4 filed June 16, 2026).
• Price: weighted average $279.52; individual sale prices ranged from $278.14 to $280.115 (report discloses the range).
• Shares sold: 1,500; proceeds ≈ $419,277.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • 10b5‑1 plan established August 12, 2025 (prearranged trading plan) — F1.
  • Weighted average price and range disclosure, reporting person will provide per‑share breakdown on request — F2.
  • Filing also discloses outstanding performance rights and restricted stock units with multi‑year TSR‑based vesting schedules (may be settled in cash or stock) — F3–F7.
• Timeliness: Filing appears timely (Form 4 filed the next day).

Context

• A sale executed pursuant to a 10b5‑1 plan is typically a prearranged transaction and does not necessarily indicate a change in the insider’s view of the company.
• The filing also lists various performance rights and restricted stock units that vest based on relative total shareholder return vs. the Russell 2000 over defined multi‑year performance cycles; these are contingent awards, not immediate share issuances.