CSW INDUSTRIALS (CSW) CEO Joseph Armes Sells 1,500 Shares
$CSW · CSW INDUSTRIALS, INC.Research Summary
AI-generated summary of this SEC filing
CSW INDUSTRIALS (CSW) CEO Joseph Armes Sells 1,500 Shares
What Happened
Joseph B. Armes, Chairman, President & CEO of CSW Industrials (CSW), sold 1,500 shares on July 15, 2026. The shares were sold at a weighted average price of $289.95 for total gross proceeds of approximately $434,921. The filing reports the sale as an open-market or private sale (code S) and indicates the trades were executed under a pre-established 10b5-1 plan.
Key Details
- Transaction date: July 15, 2026 (reported on Form 4 filed July 16, 2026). Filing appears timely.
- Price: weighted average $289.95; trades ranged from $288.35 to $291.95 (footnote F2).
- Shares sold: 1,500; total proceeds ≈ $434,921.
- Plan: Sale effected under a 10b5-1 trading plan established August 12, 2025 (footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Other footnotes (F3–F7) in the filing describe outstanding performance-right awards and restricted stock units held by the insider; these are compensation vehicles and not part of this sale.
Context
Sales under 10b5-1 plans are pre-arranged and commonly used by insiders to sell according to a formula or schedule; they are often viewed as routine rather than a direct signal of the insider’s short-term view. This report documents a straight sale (S). No options were exercised and no gifts or tax-withholding transactions were reported in the provided excerpt.