Anne Motsenbocker receives 495 restricted CSWI shares under equity plan

Rhea-AI Filing Summary

Anne Motsenbocker, a director of CSW Industrials, received 495 restricted shares of the issuer's common stock as an award under the company's Equity and Incentive Compensation Plan at a $0 acquisition price. Following the grant, she beneficially owns 2,245 shares directly. The restricted shares cliff vest on the earlier of the first anniversary of the grant or the company's 2026 annual meeting of shareholders. The Form 4 indicates the transaction was reported as an acquisition and was filed by one reporting person.

Positive

• Director received equity, aligning her interests with shareholders through ownership
• Clear vesting condition (cliff vesting tied to tenure or next annual meeting) disclosed explicitly
• Transaction disclosed on Form 4, meeting SEC reporting requirements for insider changes

Negative

• Grant size is modest and provides limited incremental alignment or incentive impact
• Cliff vesting means no partial vesting during the period, so retention benefit is binary

Insights

Financial Analyst

TL;DR: Routine director equity award increases insider alignment with shareholders; impact on financials is immaterial for now.

The 495 restricted shares granted at no cash cost represent a compensation allocation rather than a cash outflow. For investors this is a governance signal that a board member is being compensated with equity, which typically aligns interests with shareholders. The absolute number of shares (495) and post-grant ownership (2,245) suggest the grant is modest relative to public-company market caps and therefore unlikely to materially affect outstanding share counts or EPS near term. Vesting is cliff-based, so forfeiture risk remains until the earlier vesting trigger occurs.

Corporate Governance Expert

TL;DR: Standard restricted stock grant to a director with cliff vesting; governance practice is common and disclosure is proper.

The grant was made under the issuer's Equity and Incentive Compensation Plan and uses a cliff vesting schedule tied to tenure or the next annual meeting, which is a typical mechanism to promote retention. The Form 4 discloses direct beneficial ownership and the nature of the award; there are no indications of related-party transactions beyond routine director compensation. Investors can view this as a standard governance practice absent additional context on grant-sizing or frequency.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Motsenbocker Anne

(Last) (First) (Middle)

5420 LBJ FREEWAY, STE 500

(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	2,245	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 Anne Motsenbocker receive?

She received 495 restricted shares of CSW Industrials common stock at a $0 acquisition price under the company's Equity and Incentive Compensation Plan.

How many CSW shares does Anne Motsenbocker own after the grant?

Following the reported transaction she beneficially owns 2,245 shares directly.

When do the restricted shares vest for the CSWI director grant?

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

Was this Form 4 filed by one reporting person or jointly?

The Form 4 indicates it was filed by one reporting person.

Under what plan were the shares granted?

The shares were granted pursuant to the issuer's Equity and Incentive Compensation Plan.

Does the Form 4 show the director sold any shares?

No; the Form 4 reports an acquisition of 495 shares and lists the price as $0.