CSW Industrials grants 1,049 performance rights
Rhea-AI Filing Summary
Garde Danielle reported acquisition or exercise transactions in this Form 4 filing.
CSW Industrials, Inc. reported that SVP and Chief People Officer Danielle Garde received an award of 1,049 performance rights tied to the company’s common stock. Following this grant, she holds 1,049 performance rights directly.
Each performance right represents a contingent right to receive one share of common stock at vesting. The award vests between 0% and 200% over a three-year performance cycle from April 1, 2026 to March 31, 2029, based on CSW Industrials’ relative total shareholder return versus the Russell 2000 Index. The company may settle the performance rights in either cash or shares at its discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garde Danielle
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 1,049 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Rights — 1,049 shares (Direct)
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.
Key Figures
Performance rights granted: 1,049 performance rights
Vesting range: 0%–200%
Performance cycle start: April 1, 2026
+2 more
5 metrics
Performance rights granted
1,049 performance rights
Grant to SVP, Chief People Officer Danielle Garde
Vesting range
0%–200%
Based on relative total shareholder return performance
Performance cycle start
April 1, 2026
Beginning of three-year performance measurement period
Performance cycle end
March 31, 2029
End of three-year performance measurement period
Underlying shares per right
1 share per right
Each performance right tied to one share of common stock
Key Terms
Performance Rights, relative total shareholder return, Russell 2000 Index
3 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
"performance 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.
FAQ
What insider transaction did CSW (CSW) report for Danielle Garde?
CSW Industrials reported that SVP and Chief People Officer Danielle Garde received an award of 1,049 performance rights. These derivative securities are tied to CSW Industrials’ common stock and were granted as compensation, not through an open-market purchase or sale.
How many performance rights did Danielle Garde receive from CSW Industrials?
Danielle Garde received 1,049 performance rights from CSW Industrials. Each performance right is linked to one potential share of common stock, subject to future vesting conditions based on relative total shareholder return over a defined three-year performance period.
What determines vesting of the CSW Industrials performance rights granted to Danielle Garde?
The performance rights vest between 0% and 200% over a three-year period based on CSW Industrials’ relative total shareholder return. Performance is measured against total shareholder return among companies in the Russell 2000 Index over the same performance cycle.
What is the performance period for Danielle Garde’s CSW performance rights award?
The performance period runs from April 1, 2026 through March 31, 2029. During this three-year cycle, CSW Industrials’ total shareholder return is compared with the Russell 2000 Index to determine the final vesting percentage of the granted performance rights.
How can CSW Industrials settle Danielle Garde’s performance rights at vesting?
CSW Industrials may settle the vested performance rights either in cash or in shares of common stock. The choice of settlement method is at the company’s discretion, meaning CSW Industrials decides whether to deliver cash value or issue shares upon vesting.
What will each vested performance right for CSW Industrials deliver to Danielle Garde?
Each vested performance right represents a contingent right to receive one share of CSW Industrials common stock. The actual number of shares delivered depends on the final vesting percentage, which can range from 0% to 200% based on relative total shareholder return.
AI-generated analysis. How Rhea-AI works. Not financial advice.
