Garde Danielle 4
4 · CSW INDUSTRIALS, INC. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
CSW Industries SVP Danielle Garde Receives Shares via Performance Award
What Happened
- Danielle Garde, SVP and Chief People Officer of CSW Industries (CSW), had performance rights vest and be settled in common stock on April 2, 2026. The filing reports 3,172 shares acquired via conversion and an additional 1,639 shares reported as converted/disposed (total 4,811 shares). To satisfy tax withholding, 1,264 shares were surrendered/withheld at an indicated value of $260.34 per share, totaling $329,070.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 7, 2026 (filed after the typical two-business-day deadline).
- Exercise/Conversion: 3,172 shares acquired at $0.00 (code M); 1,639 shares also reported as converted/disposed (code M) with $0 listed.
- Tax withholding: 1,264 shares disposed/withheld (code F) at $260.34 = $329,070.
- Footnote: The performance rights vested at 190.7% of target for the three-year performance cycle ending March 31, 2026 and were settled in shares (plus 24 dividend-equivalent units).
- Shares owned after the transactions: not disclosed in the provided filing.
Context
- These were not open-market purchases or sales for investment; they are the settlement of performance-based equity awards. A portion of the award was withheld/surrendered to cover tax obligations. The Form 4 was filed after the standard two-business-day reporting window, which is noted by the later filing date.
Insider Transaction Report
Form 4
Garde Danielle
SVP, Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-04-02+3,172→ 6,954 total - Tax Payment
Common Stock
2026-04-02$260.34/sh−1,264$329,070→ 5,690 total - Exercise/Conversion
Performance Rights
[F1]2026-04-02−1,639→ 0 total→ Common Stock (1,639 underlying)
Holdings
- 92(indirect: by ESOP)
Common Stock
Footnotes (1)
- [F1]Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate between 0% and 200% during a three-year performance cycle ending on March 31, 2026 based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights, along with 24 dividend equivalent units, vested at 190.7% of the target award amount and were settled in shares of common stock pursuant to the award agreement terms.
Signature
/s/ Luke E. Alverson, Attorney-in-Fact for Danielle Garde|2026-04-07