Don Sullivan reports 760 restricted shares; sells 1,069 CSW shares

Rhea-AI Filing Summary

Don Sullivan, listed as EVP, Chief Strategy Officer of CSW Industrials, Inc. (CSW), reported insider transactions dated 10/01/2025. The filing shows an award of 760 restricted shares (Code V) granted at $0, bringing his beneficial ownership to 23,401 shares following the grant. The filing also reports a disposition (Code F) of 1,069 shares at a reported price of $252.2, leaving 22,332 shares owned after the sale. The restricted shares were granted under the issuer's 2024 Equity and Incentive Compensation Plan and vest ratably over three years on each annual anniversary of the grant. The form is signed by an attorney-in-fact on 10/03/2025.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sullivan Don

Role EVP, Chief Strategy Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	760	$0.00	--
Tax Withholding	Common Stock	1,069	$252.20	$270K

Holdings After Transaction: Common Stock — 23,401 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sullivan Don

(Last) (First) (Middle)

5420 LBJ FREEWAY

SUITE 500

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CSW INDUSTRIALS, INC. [ CSW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		A		760(1)	A	$0	23,401	D
Common Stock	10/01/2025		F		1,069	D	$252.2	22,332	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of restricted common stock granted to the reporting person pursuant to the issuer's 2024 Equity and Incentive Compensation Plan. The shares vest ratably over a three-year period on each annual anniversary of the grant.

Remarks:

	/s/Luke E. Alverson, Attorney in Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Don Sullivan report for CSW (CSW)?

On 10/01/2025, Don Sullivan reported receiving 760 restricted shares (Code V) and disposing of 1,069 shares (Code F), resulting in 22,332 shares owned after the transactions.

What is the vesting schedule for the restricted shares reported by Don Sullivan?

The filing states the 760 restricted shares were granted under the 2024 Equity and Incentive Compensation Plan and vest ratably over a three-year period on each annual anniversary.

What role does Don Sullivan hold at CSW as shown on the Form 4?

The Form 4 lists Don Sullivan as an Officer with the title EVP, Chief Strategy Officer.

How many CSW shares did Don Sullivan own after the reported transactions?

Following the transactions on 10/01/2025, the filing reports Don Sullivan beneficially owned 22,332 shares.

Under which plan were the restricted shares granted?

The restricted shares were granted pursuant to the issuer's 2024 Equity and Incentive Compensation Plan.