CSW Industrials (CSW) SVP makes 175-share stock gift to charity
Rhea-AI Filing Summary
CSW INDUSTRIALS, INC. reported that SVP, GC & Secretary Luke Alverson made a bona fide gift transfer of 175 shares of common stock on August 3, 2026 to a charitable donor advised fund. After this donation, he directly holds 12,275 shares and indirectly holds 1,803 shares through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 175 shares
Net Sell
2 txns
Insider
Alverson Luke
Role
SVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 175 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,275 shares (Direct);
Common Stock — 1,803 shares (Indirect, by ESOP)
Footnotes (1)
- F1. Represents shares donated by the Reporting Person to a charitable donor advised fund.
Key Figures
Shares gifted: 175 shares
Direct holdings after transaction: 12,275 shares
Indirect ESOP holdings after transaction: 1,803 shares
+1 more
4 metrics
Shares gifted
175 shares
Bona fide gift of common stock on August 3, 2026
Direct holdings after transaction
12,275 shares
Common stock directly owned by Luke Alverson following the gift
Indirect ESOP holdings after transaction
1,803 shares
Common stock held indirectly by ESOP after the reported transaction
Gift transactions in filing
1
Number of bona fide gift transactions reported in this Form 4
Key Terms
bona fide gift, donor advised fund, ESOP
3 terms
bona fide gift financial
"Transaction code description states "Bona fide gift" for the transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor advised fund financial
"Footnote explains shares were donated to a charitable donor advised fund"
A donor advised fund is a charitable savings account you fund with cash or assets (including stocks) that lets you take an immediate tax benefit while recommending when and which charities receive grants over time. Think of it like a dedicated piggy bank for giving: you get tax relief when you put money in, can avoid selling appreciated securities and triggering capital gains, and still control the timing and recipients of donations, which affects tax planning, portfolio decisions, and public giving signals.
ESOP financial
"Indirect ownership is reported as "by ESOP" for 1,803 shares"
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 transaction did CSW (CSW) disclose in this Form 4?
CSW disclosed that SVP, GC & Secretary Luke Alverson made a bona fide gift of 175 shares of common stock on August 3, 2026, donating them to a charitable donor advised fund rather than selling them in the market.
What are Luke Alverson’s CSW (CSW) holdings after the reported gift?
Following the gift, Luke Alverson directly holds 12,275 CSW common shares and indirectly holds 1,803 shares through an ESOP. These post-transaction balances are reported as his ownership positions after the August 3, 2026 donation.
How many gift transactions are included in this CSW (CSW) Form 4 filing?
The Form 4 shows one gift transaction, in which 175 shares of CSW common stock were donated. It also includes a separate entry reporting an indirect holding of 1,803 shares held by an ESOP, without a buy or sell action.