CSWI Form 144: Insider sold 3×1,000 shares; 1,000 more proposed

Rhea-AI Filing Summary

Insider sale notice: This Form 144 shows proposed and recent sales of CSW Industrials, Inc. (CSWI) common stock by an individual identified as Joseph B Armes. The filing lists a planned sale of 1,000 shares through Northern Trust Securities on 08/15/2025 with an aggregate market value of $259,308.30 based on the filing. It also discloses three prior sales during the past three months: 1,000 shares on 05/27/2025 for $310,129.80, 1,000 shares on 06/16/2025 for $290,263.80, and 1,000 shares on 07/15/2025 for $294,816.10. The shares offered on 10/01/2024 were acquired via vesting under a long-term compensation incentive plan. The filer represents compliance with Rule 144 disclosure requirements.

Positive

• Compliance disclosure provided with broker, transaction dates, amounts, and acquisition basis (vesting under compensation plan).
• Acquisitions originated from compensation vesting, not from undisclosed private purchases, clarifying nature of shares.

Negative

• Insider sales occurred across multiple months, which some investors may view negatively if interpreted as reduced insider conviction.
• No 10b5-1 plan date disclosed in the filing, so it is unclear whether sales follow a pre-established trading plan.

Insights

Securities Analyst

TL;DR: Multiple small insider sales disclosed; transaction sizes are modest relative to total shares outstanding and primarily relate to vested compensation.

The filing documents routine insider dispositions: three completed sales of 1,000 shares each in May, June and July 2025 and a proposed sale of 1,000 shares in August 2025. The shares to be sold were acquired on 10/01/2024 through vesting under a long-term incentive plan, indicating these are compensation-related shares rather than open-market purchases. Given the issuer's reported shares outstanding of 16,802,468, the individual sales represent immaterial percentages of the float. From a market-impact perspective, these transactions are unlikely to be materially price-moving on their own, but investors should view repeated insider sales in context with other company developments.

Corporate Governance Expert

TL;DR: Disclosure appears compliant with Rule 144; the sales stem from vested compensation and include required representations.

The form contains key elements required by Rule 144: filer and issuer information, acquisition details showing vesting under a compensation plan, broker details for the pending sale, and disclosure of recent sales within three months. The signature/representation language affirms absence of undisclosed material adverse information. This record reflects standard governance practice for reporting insider sales tied to compensation vesting. No information is provided about any 10b5-1 trading plan adoption date, which would be relevant if present.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Northern Trust Securities, Inc. 50 S. LaSalle Street Chicago IL 60603	1000	259308.30	16802468	08/15/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/01/2024	Vesting of shares under a long-term compensation incentive plan	CSW Industrial, Inc.			1000	10/01/2024	Vesting of shares under a long-term compensation incentive plan

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Joseph B Armes 5420 Lyndon B Johnson Freeway Dallas TX 75240	CSW Industrial, Inc.	05/27/2025	1000	310129.80
Joseph B Armes 5420 Lyndon B Johnson Freeway Dallas TX 75240	CSW Industrial, Inc.	06/16/2025	1000	290263.80
Joseph B Armes 5420 Lyndon B Johnson Freeway Dallas TX 75240	CSW Industrial, Inc.	07/15/2025	1000	294816.10

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CSWI Form 144 filed by Joseph B Armes report?

The filing reports a proposed sale of 1,000 CSWI common shares via Northern Trust on 08/15/2025 valued at $259,308.30, and three prior sales of 1,000 shares each on 05/27/2025, 06/16/2025, and 07/15/2025.

How were the shares acquired that are being sold?

The shares to be sold were acquired on 10/01/2024 by vesting under a long-term compensation incentive plan.

What broker is handling the proposed sale of CSWI shares?

The proposed sale is to be executed through Northern Trust Securities, Inc. located at 50 S. LaSalle Street, Chicago, IL, with the sale on the NYSE.

How large are these insider sales relative to CSWI's outstanding shares?

The filing lists 16,802,468 shares outstanding; each 1,000-share transaction is a small fraction of total outstanding shares.

Does the Form 144 indicate any undisclosed material information about CSW Industrials?

By signing, the filer represents they do not know any material adverse information not publicly disclosed; the filing itself contains no additional material disclosures.