Garde Danielle 4

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.