WANG FANG 4
4 · CSW INDUSTRIALS, INC. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
CSW INDUSTRIALS VP/CAO Fang Wang Receives Performance Award
What Happened
Fang Wang, Vice President and Chief Accounting Officer of CSW Industrials (CSW), received a grant of 211 performance rights on April 9, 2026. The award was granted at $0.00 per right (no cash paid) and is recorded as a derivative award on the Form 4.
Key Details
- Transaction date: 2026-04-09; transaction type: Grant/Award (code A).
- Award: 211 performance rights; grant price: $0.00 (no immediate cash value).
- Shares owned after transaction: not disclosed in this Form 4.
- Vesting conditions (from filing footnote): rights vest based on relative total shareholder return versus the Russell 2000 over a three-year performance cycle (Apr 1, 2026–Mar 31, 2029); vesting payout may range from 0% to 200% of the rights.
- Settlement: issuer may settle vested rights in cash or shares.
- Filing timeliness: Form filed on the same date as the transaction (timely).
Context
Performance rights are contingent awards tied to company performance and do not represent immediate share ownership. Because vesting depends on relative TSR and can pay out between 0% and 200%, the eventual number of shares received could range from 0 up to 422 shares (211 × 200%) if performance targets are met at maximum levels. Such grants are commonly used for executive compensation and should not be interpreted alone as a buy/sell signal.
Insider Transaction Report
- Award
Performance Rights
[F1]2026-04-09+211→ 211 total→ Common Stock (211 underlying)
Footnotes (1)
- [F1]Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% during a three-year performance cycle beginning on April 1, 2026 and ending on March 31, 2029 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 may be settled, at the issuer's discretion, in cash or shares of common stock.