[Form 4] CSW Industrials, Inc Insider Trading Activity

Rhea-AI Filing Summary

CSW Industrials director Michael R. Gambrell received 495 restricted shares of the issuer's common stock on 08/28/2025. The grant, issued under the companys Equity and Incentive Compensation Plan, carries a $0 per-share price and increases his beneficial ownership to 25,913 shares. The restricted shares cliff vest on the earlier of the first anniversary of the grant or the date of CSW Industrials 2026 annual meeting of shareholders. The Form 4 was filed individually by the reporting person and signed by an attorney-in-fact on 09/02/2025.

Insights

Corporate Governance Expert

TL;DR: Director received a standard restricted stock grant that vests on a one-year cliff or at the 2026 annual meeting.

The filing documents a non-derivative award of 495 restricted common shares to a director, granted at no cash price and subject to a cliff vesting condition. This type of grant is common for aligning director interests with shareholders and retaining board members. The increase to 25,913 shares reflects total beneficial ownership after the grant. The filing appears routine and contains no indications of accelerated vesting or special terms beyond the stated cliff.

Securities Analyst

TL;DR: Small equity grant recorded; immaterial to overall capitalization but increases directors reported holdings.

The transaction code indicates acquisition of non-derivative securities. The grant price is listed as $0, consistent with a restricted stock award rather than an open-market purchase. The size of the award (495 shares) is small relative to total outstanding shares typical for a public company, suggesting limited dilution and negligible balance-sheet impact. Disclosure is timely and follows Section 16 reporting requirements.

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

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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^*

GAMBRELL MICHAEL R

(Last) (First) (Middle)

5400 LYNDON B. JOHNSON FWY, SUITE 1300

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CSW INDUSTRIALS, INC. [ CSW ]

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)
08/28/2025

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	08/28/2025		A		495(1)	A	$0	25,913	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. Represents shares of restricted common stock granted to the reporting person pursuant to the issuer's Equity and Incentive Compensation Plan. The shares cliff vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the issuer's 2026 annual meeting of shareholders.

Remarks:

	/s/Luke E. Alverson, Attorney in Fact	09/02/2025
	** 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 did CSWI director Michael R. Gambrell receive on 08/28/2025?

He was granted 495 restricted shares of CSW Industrials common stock.

How many CSW shares does Michael R. Gambrell beneficially own after the grant?

The Form 4 reports 25,913 shares beneficially owned following the transaction.

When do the restricted CSW shares granted to Gambrell vest?

They cliff vest on the earlier of the first anniversary of the grant or the issuer's 2026 annual meeting of shareholders.

What price was paid for the restricted shares reported on the Form 4?

The reported price is $0 per share, consistent with a restricted stock grant.

Who filed the Form 4 for Michael R. Gambrell and when was it signed?

The form was filed by the reporting person and signed by Luke E. Alverson, Attorney in Fact on 09/02/2025.