[Form 4] CSW Industrials, Inc Insider Trading Activity

Rhea-AI Filing Summary

Form 4 shows CSW Industrials (CSWI) director Robert M. Swartz sold a total of 200 common shares on 1 Aug 2025 through a Rule 10b5-1 plan adopted 10 Sep 2024. The two open-market trades were 100 shares at $250.46 and 100 shares at $250.28, generating roughly $50.1 k in proceeds.

After these sales Swartz’s direct holdings declined from 12,519 to 12,319 shares, a modest 1.6 % reduction. No derivative transactions or additional changes were disclosed. The filing updates beneficial ownership but does not signal any shift in CSWI’s operating outlook.

Insights

Securities Analyst

TL;DR Routine 200-share sale under 10b5-1; negligible impact on ownership or valuation.

The disposal equals about 1.6 % of Swartz’s stake and a fraction of CSWI’s 15 m share float. Rule 10b5-1 pre-planning indicates the trade was scheduled, mitigating signalling risk. Volume and value are immaterial; therefore, I see no valuation impact and maintain a neutral stance.

Corporate Governance Expert

TL;DR Compliance appears sound; minor insider sale, executed transparently.

The filing contains a manual signature, cites a valid 10b5-1 plan and reports within two business days, meeting Section 16 obligations. Sale size is de minimis relative to total holdings, suggesting normal liquidity management rather than adverse insider sentiment. Governance risk unchanged.

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).

X

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^*

Swartz Robert M

(Last) (First) (Middle)

5420 LYNDON B JOHNSON FWY

STE. 500

(Street)

DALLAS TX 75240-1007

(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)
08/01/2025

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	08/01/2025		S(1)		100	D	$250.46	12,419	D
Common Stock	08/01/2025		S(1)		100	D	$250.28	12,319	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. The transaction reported was effected pursuant to a 10b5-1 trading plan established by the reporting person on September 10, 2024.

Remarks:

	/s/Luke E. Alverson, Attorney in Fact	08/04/2025
	** 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

How many CSWI shares did Robert M. Swartz sell on 1 Aug 2025?

200 shares were sold (two lots of 100 each).

At what prices were the CSWI shares sold?

The shares were sold at $250.46 and $250.28 per share.

What is Swartz’s remaining ownership after the transaction?

He now directly owns 12,319 CSWI common shares.

Was the sale executed under a Rule 10b5-1 trading plan?

Yes, the filing states the trades were made under a plan adopted on 10 Sep 2024.

Were any derivative securities involved in this Form 4?

No, no derivative transactions were reported.

Does this insider sale materially change CSWI’s insider ownership?

No, the 1.6 % reduction in Swartz’s stake is immaterial to overall insider ownership.