CSW Industrials (CSW) awards CFO 1,808 performance-based rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perry James E reported acquisition or exercise transactions in this Form 4 filing.
CSW Industrials EVP and CFO James E. Perry received a grant of 1,808 performance rights, each tied to one share of common stock. These awards vest between 0% and 200% over a three-year performance cycle from April 1, 2026 to March 31, 2029, based on relative total shareholder return versus the Russell 2000 Index. The company may settle the vested rights in cash or in shares at its discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Perry James E
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 1,808 | $0.00 | -- |
Holdings After Transaction:
Performance Rights — 1,808 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Performance rights granted: 1,808 performance rights
Vesting range: 0%–200%
Performance cycle start: April 1, 2026
+2 more
5 metrics
Performance rights granted
1,808 performance rights
Grant to EVP, CFO James E. Perry
Vesting range
0%–200%
Payout range based on performance cycle results
Performance cycle start
April 1, 2026
Beginning of three-year performance period
Performance cycle end
March 31, 2029
End of three-year performance period
Underlying common shares
1,808 shares
Each performance right equals one share at vesting
Key Terms
Performance Rights, relative total shareholder return, Russell 2000 Index, three-year performance cycle
4 terms
Performance Rights financial
"Each performance right represents a contingent right to receive one share"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Russell 2000 Index financial
"in comparison to the total shareholder return performance among the Russell 2000 Index"
A stock-market benchmark that tracks about 2,000 small-cap U.S. companies, the Russell 2000 gives a snapshot of how smaller publicly traded firms are performing. Investors use it like a thermometer or yardstick for the small-company segment of the market—funds and portfolio managers compare returns to it, and its movements can signal changes in economic risk appetite or growth expectations; it is weighted so larger small companies have a bigger influence on the index.
three-year performance cycle financial
"during a three-year performance cycle beginning on April 1, 2026"
FAQ
What did CSW (CSW) disclose about EVP and CFO James E. Perry in this Form 4?
CSW Industrials reported that EVP and CFO James E. Perry received 1,808 performance rights as compensation. Each right is linked to one share of common stock and vests over a future three-year performance period based on relative shareholder return.
How many performance rights were granted to the CSW (CSW) CFO?
James E. Perry was granted 1,808 performance rights. Each right represents a contingent claim on one share of CSW Industrials common stock, subject to future vesting conditions tied to performance over the specified three-year measurement period.
What performance metric determines vesting of CSW (CSW) performance rights?
Vesting depends on CSW Industrials’ relative total shareholder return compared with the Russell 2000 Index. The company’s performance over the three-year cycle directly influences how many of the 1,808 granted performance rights ultimately vest for the executive.
Over what period do the CSW (CSW) performance rights for the CFO vest?
The performance rights vest over a three-year performance cycle from April 1, 2026 through March 31, 2029. Results over this full period determine whether 0% to 200% of the granted units ultimately become earned by the executive.
Can CSW (CSW) settle the CFO’s performance rights in cash instead of stock?
Yes. CSW Industrials may choose to settle the vested performance rights either in cash or in shares of common stock. The company retains this discretion at settlement, even though each right is measured by reference to one share.