Alverson Luke 4
Research Summary
AI-generated summary
CSW Industrials SVP Luke Alverson Sells 1,007 Shares
What Happened
- Luke Alverson, SVP, General Counsel & Secretary of CSW Industrials (CSW), sold 1,007 shares on May 1, 2026 in an open-market/private sale (code S). The weighted-average price reported was $289.57, for total proceeds of approximately $291,598. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (appears to be within the normal reporting window).
- Shares sold: 1,007; weighted-average price: $289.57; total proceeds: ~$291,598.
- Price range: shares were sold in multiple transactions at prices ranging from $285.10 to $291.46 (footnote: per-share breakdown available on request).
- Footnote: Trade was executed pursuant to a 10b5-1 trading plan established Dec 1, 2025.
- Shares owned after the transaction: not reported in the provided filing.
Context
- Sales executed under a 10b5-1 plan are prearranged and commonly used to systematically sell shares; they do not necessarily reflect the insider’s immediate view of the company. Sales are routine insider activity and, on their own, are less informative than purchases about insider sentiment.