STOCK TITAN

[S-8] Capital Southwest Corp Employee Benefit Plan Registration

Filing Impact
(No impact)
Filing Sentiment
(Neutral)
Form Type
S-8
Rhea-AI Filing Summary

Capital Southwest Corporation registered 1,994,153 additional common shares for issuance under its Amended and Restated 2021 Employee Restricted Stock Award Plan. The total consists of a 1,850,000 increase to the plan reserve and 144,153 forfeited shares available for reissuance; the forfeited shares were previously registered and do not increase the plan maximum. The filing incorporates prior Form S-8 disclosures by reference.

Capital Southwest Corporation ha registrato ulteriori 1,994,153 azioni ordinarie da emettere ai sensi del suo Piano di Assegnazione di Azioni Vincolate per i Dipendenti 2021 (emendato e aggiornato). Il totale comprende un aumento della riserva del piano di 1,850,000 azioni e 144,153 azioni decadute disponibili per una nuova assegnazione; queste azioni decadute erano già state registrate in precedenza e non incrementano il massimale del piano. Il deposito incorpora per riferimento le divulgazioni precedenti contenute nel Modulo S-8.

Capital Southwest Corporation registró 1,994,153 acciones ordinarias adicionales para su emisión en virtud de su Plan de Asignación de Acciones Restringidas para Empleados 2021, modificado y actualizado. El total se compone de un aumento de la reserva del plan por 1,850,000 acciones y de 144,153 acciones que fueron objeto de pérdida de derechos y están disponibles para reemisión; dichas acciones ya estaban registradas previamente y no incrementan el máximo del plan. La presentación incorpora por referencia las divulgaciones previas contenidas en el Formulario S-8.

Capital Southwest Corporation은 수정·재정비된 2021년 직원 제한 주식 수여 계획(Amended and Restated 2021 Employee Restricted Stock Award Plan)에 따라 추가 보통주 1,994,153주를 발행하기 위해 등록했습니다. 총수는 플랜 준비금의 1,850,000주 증가와 재교부 가능한 144,153주의 포기(실효) 주식으로 구성됩니다; 해당 포기 주식은 이미 이전에 등록되어 있어 플랜 한도를 증가시키지 않습니다. 이번 제출서는 이전의 Form S-8 공시를 참조하여 포함합니다.

Capital Southwest Corporation a enregistré 1,994,153 actions ordinaires supplémentaires à émettre dans le cadre de son Plan de Récompense en Actions Restreintes pour Employés 2021, modifié et mis à jour. Le total se compose d'une augmentation de la réserve du plan de 1,850,000 actions et de 144,153 actions déchues disponibles pour une nouvelle émission ; ces actions déchues avaient déjà été enregistrées et n'accroissent pas le plafond du plan. Le dépôt incorpore par renvoi les informations divulguées antérieurement dans le Formulaire S-8.

Capital Southwest Corporation hat zusätzliche 1,994,153 Stammaktien zur Ausgabe im Rahmen ihres geänderten und neu gefassten 2021 Employee Restricted Stock Award Plan registriert. Die Gesamtsumme setzt sich aus einer Erhöhung der Planreserve um 1,850,000 und 144,153 verfallenen, zur Neuerteilung verfügbaren Aktien zusammen; diese verfallenen Aktien waren bereits zuvor registriert und erhöhen das Planmaximum nicht. Die Einreichung nimmt frühere Offenlegungen im Formular S-8 durch Verweis auf.

Positive
  • 1,994,153 additional shares registered for the 2021 Employee Restricted Stock Award Plan
  • 1,850,000-share increase to the plan reserve explicitly authorized
  • 144,153 forfeited shares identified as available for reissuance and noted as previously registered
  • Incorporation by reference of prior Form S-8 disclosures and standard exhibits included
Negative
  • None.

Insights

TL;DR Registration supplies nearly 2.0M additional shares to support employee restricted stock awards; filing is routine and administrative.

The Company registered 1,994,153 additional common shares for its 2021 Employee Restricted Stock Award Plan, comprised of a 1,850,000 increase to the plan reserve and 144,153 forfeited shares available for reissuance. The filing incorporates prior Form S-8 information by reference. Based on the document's content alone, this is a standard share-reserve update to facilitate future equity awards to employees.

TL;DR Routine corporate filing to expand an employee equity plan; disclosures reference prior SEC filings and include required legal exhibits.

The registration statement adds 1,994,153 shares to the Amended and Restated 2021 Employee Restricted Stock Award Plan, explicitly noting that 144,153 forfeited shares were previously registered and do not increase the plan cap. The exhibit list includes articles, bylaws, the Plan, award agreement form, legal opinion, and auditor consent, consistent with a standard Form S-8 submission. The document, as presented, is administrative in nature.

Capital Southwest Corporation ha registrato ulteriori 1,994,153 azioni ordinarie da emettere ai sensi del suo Piano di Assegnazione di Azioni Vincolate per i Dipendenti 2021 (emendato e aggiornato). Il totale comprende un aumento della riserva del piano di 1,850,000 azioni e 144,153 azioni decadute disponibili per una nuova assegnazione; queste azioni decadute erano già state registrate in precedenza e non incrementano il massimale del piano. Il deposito incorpora per riferimento le divulgazioni precedenti contenute nel Modulo S-8.

Capital Southwest Corporation registró 1,994,153 acciones ordinarias adicionales para su emisión en virtud de su Plan de Asignación de Acciones Restringidas para Empleados 2021, modificado y actualizado. El total se compone de un aumento de la reserva del plan por 1,850,000 acciones y de 144,153 acciones que fueron objeto de pérdida de derechos y están disponibles para reemisión; dichas acciones ya estaban registradas previamente y no incrementan el máximo del plan. La presentación incorpora por referencia las divulgaciones previas contenidas en el Formulario S-8.

Capital Southwest Corporation은 수정·재정비된 2021년 직원 제한 주식 수여 계획(Amended and Restated 2021 Employee Restricted Stock Award Plan)에 따라 추가 보통주 1,994,153주를 발행하기 위해 등록했습니다. 총수는 플랜 준비금의 1,850,000주 증가와 재교부 가능한 144,153주의 포기(실효) 주식으로 구성됩니다; 해당 포기 주식은 이미 이전에 등록되어 있어 플랜 한도를 증가시키지 않습니다. 이번 제출서는 이전의 Form S-8 공시를 참조하여 포함합니다.

Capital Southwest Corporation a enregistré 1,994,153 actions ordinaires supplémentaires à émettre dans le cadre de son Plan de Récompense en Actions Restreintes pour Employés 2021, modifié et mis à jour. Le total se compose d'une augmentation de la réserve du plan de 1,850,000 actions et de 144,153 actions déchues disponibles pour une nouvelle émission ; ces actions déchues avaient déjà été enregistrées et n'accroissent pas le plafond du plan. Le dépôt incorpore par renvoi les informations divulguées antérieurement dans le Formulaire S-8.

Capital Southwest Corporation hat zusätzliche 1,994,153 Stammaktien zur Ausgabe im Rahmen ihres geänderten und neu gefassten 2021 Employee Restricted Stock Award Plan registriert. Die Gesamtsumme setzt sich aus einer Erhöhung der Planreserve um 1,850,000 und 144,153 verfallenen, zur Neuerteilung verfügbaren Aktien zusammen; diese verfallenen Aktien waren bereits zuvor registriert und erhöhen das Planmaximum nicht. Die Einreichung nimmt frühere Offenlegungen im Formular S-8 durch Verweis auf.


As filed with the Securities and Exchange Commission on August 8, 2025
Registration No. 333-                
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
 
CAPITAL SOUTHWEST CORPORATION
(Exact name of registrant as specified in its charter)
 
 
Texas
 
75-1072796
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification No.)
8333 Douglas Avenue, Suite 1100
Dallas, Texas
 
75225
(Address of Principal Executive Offices)
 
(Zip code)
Amended and Restated Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan
(Full title of the plan)
 
Michael S. Sarner
President and Chief Executive Officer
Capital Southwest Corporation
8333 Douglas Avenue, Suite 1100
Dallas, Texas 75225
(Name and address of agent for service)
(214) 238-5700
(Telephone number, including area code, of agent for service)  
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
 Large accelerated filer
 
  
Accelerated filer
 
Non-accelerated filer
 
  
Smaller reporting company
 
 
  
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.




EXPLANATORY NOTE

Capital Southwest Corporation (the “Company”) is filing this Registration Statement on Form S-8 (this “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) to register 1,994,153 additional shares (the “Additional Shares”) of the Company’s common stock (the “Shares”) for issuance under the Capital Southwest Corporation Amended and Restated 2021 Employee Restricted Stock Award Plan (the “Plan”). The Additional Shares consist of (i) 1,850,000 additional Shares representing an increase to the total number of Shares that may be issued pursuant to the Plan, and (ii) 144,153 Shares relating to restricted stock grants under the Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan that were forfeited by participants that became available for reissuance pursuant to the terms of the Plan (the “Forfeited Shares”). Pursuant to General Instruction E of Form S-8, this Registration Statement hereby incorporates by reference the information contained in the Company’s registration statement on Form S-8 (File No. 333-258899) filed with the SEC on August 18, 2021 (the “Prior Registration Statement”), except to the extent supplemented, amended or superseded by the information set forth herein.

The 1,994,153 Additional Shares registered hereunder are in addition to the Shares registered pursuant to the Prior Registration Statement. The 144,153 Forfeited Shares were previously registered under the Prior Registration Statement and do not represent an increase in the total number of Shares that may be issued pursuant to the Plan.


PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. Incorporation of Documents by Reference.

The following documents previously filed by the Company with the SEC are incorporated herein by reference and made a part hereof:

(a)the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025, filed with the SEC on May 20, 2025;

(b)the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 7, 2025;

(b)the Company’s Definitive Proxy Statement, filed with the SEC on May 30, 2025 (but only with respect to information required by Part III of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2025);

(d)the Company’s Current Reports on Form 8-K (other than information furnished rather than filed in accordance with SEC rules) filed with the SEC on April 9, 2025, April 14, 2025, April 21, 2025, July 15, 2025, and July 24, 2025; and

(e)the description of the Shares, contained in the Company’s Registration Statement on Form 8-A filed with the SEC on April 28, 1961 to register the Shares under the Securities Exchange Act of 1934, as amended



(the “Exchange Act”), including any amendment or report filed for the purpose of updating such description.

All documents filed with the SEC by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (excluding any information furnished pursuant to Item 2.02 or Item 7.01 on any current report on Form 8-K) subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold, or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents.

Any statement contained in this Registration Statement or in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is, or is deemed to be, incorporated herein by reference, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.






Item 8. Exhibits.

Exhibit
No.
  
Description
4.1
Articles of Incorporation, dated April 19, 1961, including amendments dated June 30, 1969, July 20, 1987, April 23, 2007 and July 15, 2013 (incorporated by reference to Exhibit (a) to Registration Statement on Form N-2 (File No. 333-220385) filed on September 8, 2017).
4.2
Certificate of Amendment to the Articles of Incorporation, dated August 1, 2019 (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed on August 1, 2019).
4.3
Certificate of Amendment to the Articles of Incorporation, dated October 11, 2023 (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed on October 16, 2023).
4.4
Second Amended and Restated Bylaws (incorporated by reference to Exhibit 3.2 to Quarterly Report on Form 10-Q filed on November 7, 2017). 
4.5
Amendment to Second Amended and Restated Bylaws of Capital Southwest Corporation (incorporated by reference to Exhibit 3.1 to Current Report on Form 8-K filed April 25, 2019).
4.6
Amended and Restated Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan (incorporated by reference to Exhibit 10.1 to Quarterly Report on Form 10-Q filed on August 7, 2025.
4.7
Form of Restricted Stock Award Agreement (incorporated by reference to Exhibit 4.6 to Registration Statement on Form S-8 (File No. 333-258899) filed on August 18. 2021).
5.1
Opinion of Eversheds Sutherland (US) LLP*
23.1
Consent of Eversheds Sutherland (US) LLP (included in Exhibit 5.1 hereto)*
23.2
Consent of RSM US LLP*
24.1
Power of Attorney (included on signature page)*
107
Filing Fee Exhibit*
*    Filed herewith.




SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Dallas, State of Texas, on August 8, 2025.
 
CAPITAL SOUTHWEST CORPORATION
By:
 
/s/ Michael S. Sarner
 
Name: Michael S. Sarner
 
Title: President and Chief Executive Officer




POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Michael S. Sarner and Chris T. Rehberger, and each of them, with the full power to act without the other, such person’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign, execute and file this Registration Statement, and any or all amendments thereto (including, without limitation, post-effective amendments), with all exhibits and schedules thereto, and other documents in connection therewith with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing necessary or desirable to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done.

    Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

Signature
Title
Date
By:
/s/ David R. Brooks
Chairman of the Board
August 8, 2025
David R. Brooks
By:
/s/ Christine S. Battist
Director
August 8, 2025
Christine S. Battist
By:
/s/ Jack D. Furst
Director
August 8, 2025
Jack D. Furst
By:
/s/ Ramona L. Rogers-Windsor
Director
August 8, 2025
Ramona L. Rogers-Windsor
By:
/s/ William R. Thomas
Director
August 8, 2025
William R. Thomas
By:
/s/ Michael S. Sarner
President and Chief Executive Officer
August 8, 2025
Michael S. Sarner

By:/s/ Chris T. RehbergerChief Financial Officer
August 8, 2025
Chris T. Rehberger



FAQ

What did Capital Southwest (CSWC) file on this Form S-8?

The company registered 1,994,153 additional common shares for issuance under its Amended and Restated 2021 Employee Restricted Stock Award Plan.

How is the 1,994,153 share total composed?

It comprises a 1,850,000 increase to the plan reserve and 144,153 forfeited restricted shares available for reissuance.

Do the 144,153 forfeited shares increase the plan's authorized maximum?

No. The filing states the 144,153 forfeited shares were previously registered under the prior registration statement and do not increase the total shares that may be issued under the Plan.

Does the filing include supporting exhibits and legal opinions?

Yes. The exhibit list includes the Plan, form of award agreement, articles and bylaws, an opinion of Eversheds Sutherland (US) LLP, and auditor consent from RSM US LLP.

Will prior Form S-8 disclosures remain part of this registration?

Yes. The Registration Statement incorporates by reference the Company’s prior Form S-8 (File No. 333-258899) and other listed SEC filings.
Capital Southwest

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1.24B
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Asset Management
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United States
DALLAS