Filing Details

Accession Number:
0001624794-24-000096
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-15 17:13:46
Reporting Period:
2024-11-15
Accepted Time:
2024-11-15 17:13:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1624794 Csw Industrials Inc. CSWI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1413614 B Joseph Armes 5420 Lyndon B Johnson Fwy
Ste. 500
Dallas TX 75240-1007
Chairman, President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-11-15 156 $403.38 51,542 No 4 S Direct
Common Stock Disposition 2024-11-15 579 $404.35 50,963 No 4 S Direct
Common Stock Disposition 2024-11-15 117 $405.35 50,846 No 4 S Direct
Common Stock Disposition 2024-11-15 62 $406.94 50,784 No 4 S Direct
Common Stock Disposition 2024-11-15 78 $407.94 50,706 No 4 S Direct
Common Stock Disposition 2024-11-15 8 $408.96 50,698 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,500 Indirect JBA Family Partners, L.P.
Common Stock 3,142 Indirect by ESOP
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Rights $0.00 8,236 8,236 Direct
Common Stock Performance Rights $0.00 12,422 12,422 Direct
Common Stock Performance Rights $0.00 7,851 7,851 Direct
Common Stock Performance Rights $0.00 27,559 27,559 Direct
Common Stock Restricted Stock Units $0.00 19,685 19,685 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
8,236 8,236 Direct
12,422 12,422 Direct
7,851 7,851 Direct
27,559 27,559 Direct
19,685 19,685 Direct
Footnotes
  1. The transaction reported was effected pursuant to a 10b5-1 trading plan established by the reporting person on November 17, 2023.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $402.71 to $403.71, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $403.91 to $404.90, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from 405.17 to $405.68, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $406.83 to $407.03, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  6. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $407.85 to $408.03, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
  7. 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, 2024 and ending on March 31, 2027 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.
  8. 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, 2023 and 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 may be settled, at the issuer's discretion, in cash or shares of common stock.
  9. 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, 2022 and ending on March 31, 2025 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.
  10. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest in three equal amounts, at a rate between 0% and 200%, during three performance cycles ending on each of March 31, 2025, 2026, and 2027 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.
  11. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock at vesting. 40% of the restricted stock units vest no earlier than April 26, 2025 upon the successful recruitment and hiring of a successor Chief Executive Officer; the remaining 60% vest upon the successful first employment anniversary of a successor Chief Executive Officer.