CSW INDUSTRIALS, INC. (CSW) CEO sells 1,500 shares under trading plan
Rhea-AI Filing Summary
CSW INDUSTRIALS, INC. Chairman, President & CEO Joseph B. Armes reported selling 1,500 shares of common stock on July 15, 2026 at a weighted average price of $289.9472 per share under a 10b5-1 trading plan. After the sale he directly owns 67,600 shares, along with indirect ESOP holdings and equity awards including 19,685 restricted stock units and multiple tranches of performance rights that may be settled in cash or stock based on multi-year relative total shareholder return versus the Russell 2000 Index.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,500 shares
Net Sell
7 txns
Insider
Armes Joseph B
Role
Chairman, President & CEO
Sold
1,500 shs ($435K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,500 | $289.9472 | $435K |
| holding | Performance Rights F3 | -- | -- | -- |
| holding | Performance Rights F4 | -- | -- | -- |
| holding | Performance Rights F5 | -- | -- | -- |
| holding | Performance Rights F6 | -- | -- | -- |
| holding | Restricted Stock Units F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,600 shares (Direct);
Performance Rights — 35,262 shares (Direct);
Restricted Stock Units — 19,685 shares (Direct);
Common Stock — 3,219 shares (Indirect, by ESOP)
Footnotes (7)
- F1. The transaction reported was effected pursuant to a 10b5-1 trading plan established by the reporting person on August 12, 2025.
- F2. The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $288.35 to $291.95, 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.
- F3. 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 250% 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.
- F4. 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, 2025, and ending on March 31, 2028, 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.
- F5. 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.
- F6. 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 performance cycle beginning April 1, 2021 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.
- F7. 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.
Key Figures
Shares Sold: 1,500 shares
Weighted Average Sale Price: $289.9472 per share
Sale Price Range: $288.35–$291.95 per share
+5 more
8 metrics
Shares Sold
1,500 shares
Open-market sale of common stock on July 15, 2026
Weighted Average Sale Price
$289.9472 per share
Weighted average for 1,500 shares sold on July 15, 2026
Sale Price Range
$288.35–$291.95 per share
Range of prices for the multiple sale transactions
Direct Common Shares Held
67,600 shares
Direct CSW INDUSTRIALS, INC. common stock held after the sale
Indirect ESOP Shares
3,219 shares
Common stock held indirectly by ESOP after reported transactions
Restricted Stock Units Underlying Shares
19,685 shares
Common shares underlying RSUs held directly by the reporting person
Performance Rights Tranche
9,186 underlying shares
One tranche of performance rights linked to common stock
Performance Rights Tranche
9,836 underlying shares
Another tranche of performance rights linked to common stock
Key Terms
10b5-1 trading plan, performance right, restricted stock unit, relative total shareholder return, +2 more
6 terms
10b5-1 trading plan regulatory
"The transaction reported was effected pursuant to a 10b5-1 trading plan"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
performance right financial
"Each performance right represents a contingent right to receive one share"
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Russell 2000 Index financial
"among the Russell 2000 Index over the performance cycle"
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.
ESOP financial
"total_shares_following_transaction": "3219.0000", "direct_or_indirect": "I", "nature_of_ownership": "by ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did CSW (CSW) report for CEO Joseph B. Armes?
Joseph B. Armes sold 1,500 shares of CSW INDUSTRIALS, INC. common stock on July 15, 2026 at a weighted average price of $289.9472 per share. The transaction was executed as an open-market sale under a pre-established 10b5-1 trading plan.
What restricted stock units does the CSW (CSW) CEO hold according to this filing?
Joseph B. Armes holds restricted stock units covering 19,685 underlying CSW common shares. According to the disclosure, 40% vest no earlier than April 26, 2025 upon recruiting a successor CEO, and the remaining 60% vest after that successor’s first employment anniversary.
How are CSW (CSW) performance rights structured for Joseph B. Armes?
Armes holds several tranches of performance rights tied to 9,186, 8,236, 8,004 and 9,836 underlying CSW shares. Each right can vest between 0% and up to 200–250% over three-year cycles, based on relative total shareholder return versus the Russell 2000 Index.
Are the CSW (CSW) performance rights and RSUs settled in cash or stock?
The filing states that both performance rights and restricted stock units may be settled, at the issuer’s discretion, in cash or shares of common stock. Vesting depends on performance cycles and, for the RSUs, milestones related to hiring and retaining a successor Chief Executive Officer.