Joseph B. Armes, Chairman, President and Chief Executive Officer of CSW Industrials, Inc. (NASDAQ:CSW), filed a Form 4 on August 17, 2026, disclosing the sale of 1,500 shares of common stock on August 14, 2026, pursuant to a pre-established 10b5-1 trading plan.

Key Highlights

  • Shares sold: 1,500 shares of common stock disposed of on August 14, 2026, at a weighted average price of $345.1574 per share.
  • Price range: Individual sale prices ranged from $342.75 to $346.71, inclusive, across multiple transactions.
  • Trading plan: The sale was effected pursuant to a 10b5-1 trading plan established by Armes on August 12, 2025.
  • Remaining direct ownership: Following the transaction, Armes directly holds 64,236 shares of common stock.
  • Indirect ownership: Armes also holds 3,219 shares indirectly through an ESOP.
  • Derivative holdings: Armes holds a total of 35,262 performance rights and 19,685 restricted stock units, all directly owned.

Armes Transaction Details and Derivative Holdings at CSW Industrials

According to the filing, Joseph B. Armes, serving as Chairman, President and CEO of CSW Industrials, Inc., sold 1,500 shares of common stock on August 14, 2026. The reported weighted average sale price was $345.1574, with individual transactions occurring at prices ranging from $342.75 to $346.71. The filing notes that Armes undertakes to provide full information regarding the number of shares sold at each separate price upon request.

The filing discloses that the transaction was made pursuant to a Rule 10b5-1 trading plan that Armes established on August 12, 2025. Following the reported sale, Armes directly beneficially owns 64,236 shares of common stock, with an additional 3,219 shares held indirectly through an ESOP, according to the filing.

The filing also reports four tranches of performance rights totaling 35,262 shares of underlying common stock, covering performance cycles that span various periods between April 1, 2021 and March 31, 2029, with vesting rates ranging from 0% to 200% or 0% to 250% depending on CSW Industrials' relative total shareholder return versus the Russell 2000 Index. Additionally, 19,685 restricted stock units are disclosed, with vesting tied to the recruitment and first employment anniversary of a successor Chief Executive Officer, according to the filing.

What Was Disclosed

The filing reports a single open-market sale of 1,500 common shares by CSW Industrials' Chairman, President and CEO on August 14, 2026, under a pre-established 10b5-1 plan, along with the reporting person's remaining direct and indirect share holdings and outstanding derivative securities.