CSW Industrials (CSW) director restructures holdings via family partnership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CSW Industrials director Darron K. Ash reported an internal share transfer involving 1,321.4412 shares of Common Stock. The Form 4 shows two non-market "J" code transactions on 2026-05-29, categorized as other acquisitions or dispositions related to restructuring.
One entry records 660.7206 shares now held indirectly through JDA Enterprises, LP, a family limited partnership used for estate planning purposes. A second entry reflects 660.7206 shares affecting his direct holdings, leaving 494.2794 shares held directly after the transaction. Ash may be deemed to beneficially own the JDA Enterprises, LP position through JDA Capital, LLC, which he owns 50% alongside his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ash Darron K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 660.721 | $0.00 | -- |
| Other | Common Stock | 660.721 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 494.279 shares (Direct, null);
Common Stock — 660.721 shares (Indirect, By JDA Enterprises, LP)
Footnotes (1)
- Represents a transfer by the reporting person of shares of common stock to JDA Enterprises, LP, a family limited partnership, for estate planning purposes. The reporting person may be deemed to beneficially own securities held by JDA Enterprises, LP through JDA Capital, LLC, the general partner of JDA Enterprises, LP. JDA Capital, LLC is owned 50% by the reporting person and 50% by Jill D. Ash, the reporting person's spouse.
Key Figures
Restructured shares total: 1,321.4412 shares
Shares to JDA Enterprises, LP: 660.7206 shares
Direct holdings after transaction: 494.2794 shares
+2 more
5 metrics
Restructured shares total
1,321.4412 shares
Shares involved in J-code restructuring transactions
Shares to JDA Enterprises, LP
660.7206 shares
Indirect ownership via family limited partnership
Direct holdings after transaction
494.2794 shares
Common Stock held directly by Darron K. Ash
Transaction price per share
$0.0000 per share
Both non-derivative J-code transactions
Restructuring transaction count
2 transactions
Both classified as other acquisition or disposition (code J)
Key Terms
family limited partnership, beneficially own, indirect ownership, estate planning purposes
4 terms
family limited partnership financial
"JDA Enterprises, LP, a family limited partnership, for estate planning purposes."
beneficially own financial
"The reporting person may be deemed to beneficially own securities held by JDA Enterprises, LP"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirect ownership financial
"Shares of common stock to JDA Enterprises, LP, a family limited partnership"
estate planning purposes financial
"transfer by the reporting person of shares of common stock to JDA Enterprises, LP, a family limited partnership, for estate planning purposes."
FAQ
What insider transaction did CSW (CSW) director Darron K. Ash report?
Director Darron K. Ash reported two "J" code transactions totaling 1,321.4412 CSW Industrials common shares. These were classified as other acquisitions or dispositions tied to restructuring, rather than open-market buys or sells, and involved shifting shares between direct and indirect ownership.
What are Darron K. Ash’s direct CSW (CSW) holdings after the transaction?
After the restructuring transaction, Darron K. Ash directly holds 494.2794 CSW Industrials common shares. This figure reflects the impact of the "J" code movement, which adjusted his direct position while also establishing an indirect holding through a related family partnership.
Was the CSW (CSW) insider transaction a market buy or sell?
No, the transaction was not a traditional market buy or sell. Both entries use transaction code "J" with a zero price per share, indicating other acquisitions or dispositions tied to restructuring and estate planning, rather than open-market trading activity in CSW Industrials stock.