[Form 4] Capital Southwest Corp Insider Trading Activity

Rhea-AI Filing Summary

This Form 4 reports that Capital Southwest Corp director David R. Brooks was issued 2,193 shares of common stock on 08/12/2025 under the Capital Southwest 2021 Non-Employee Director Restricted Stock Award Plan at a reported price of $0. The award is recorded as a non-derivative acquisition and, following the issuance, Mr. Brooks beneficially owns 40,944 shares, held directly.

The disclosure reflects director compensation delivered as restricted stock, which increases Mr. Brooks’ direct stake in the company and documents the grant for SEC transparency. The filing does not provide any change in total outstanding shares, percentage ownership, or other transactions beyond the restricted stock award.

Positive

• Director alignment: 2,193 restricted shares granted aligns the reporting director's interests with shareholders
• Transparent reporting: Form 4 discloses the grant amount and resulting direct beneficial ownership of 40,944 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Director awarded 2,193 restricted shares, raising direct holdings to 40,944; compensation grant is alignment-focused with limited market impact.

The Form 4 shows a routine non-derivative issuance of restricted shares to a director as part of the company’s non-employee director compensation program. The reported $0 price indicates these were granted rather than purchased. For investors, this is primarily a governance/compensation event: it modestly increases the director’s direct ownership but does not on its face change capital structure or signal a market transaction.

Corporate Governance Expert

TL;DR: Grant to align director incentives; disclosure meets Section 16 reporting for insider compensation but is not a material corporate event.

The filing documents issuance under the company’s 2021 Non-Employee Director Restricted Stock Award Plan, which is a standard mechanism to align outside directors with shareholders. The entry records the grant amount and resulting direct ownership of 40,944 shares. The disclosure is transparent about the award but does not include vesting terms or changes to total share count, limiting assessment of longer-term governance impact.

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

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brooks David R

(Last) (First) (Middle)

C/O CAPITAL SOUTHWEST CORPORATION

8333 DOUGLAS AVE, SUITE 1100

(Street)

DALLAS TX 75225

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CAPITAL SOUTHWEST CORP [ CSWC ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		A(1)		2,193	A	$0	40,944	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. Shares issued under the Capital Southwest 2021 Non-Employee Director Restricted Stock Award Plan

Remarks:

	/s/ David R. Brooks	08/13/2025
	** 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 transaction did David R. Brooks report on Form 4 for CSWC?

He reported the issuance of 2,193 shares of common stock as a non-derivative acquisition under a director award plan on 08/12/2025.

How many CSWC shares does David R. Brooks own after the reported transaction?

Following the reported award, Mr. Brooks beneficially owns 40,944 shares, held directly.

At what price were the CSWC shares issued to the director?

The restricted shares are reported at a price of $0, indicating they were granted rather than purchased.

Under which plan were the CSWC shares issued to David Brooks?

The shares were issued under the Capital Southwest 2021 Non-Employee Director Restricted Stock Award Plan.

Does the Form 4 disclose vesting terms or percentage ownership of CSWC?

No; the filing discloses the grant amount and resulting shares owned but does not state vesting schedules or the percentage of outstanding shares.