Perry James E sells CSW shares under 10b5-1 plan; ownership disclosed

Rhea-AI Filing Summary

Perry James E, EVP and CFO of CSW Industrials, sold 145 shares of CSW common stock on 08/12/2025 pursuant to a 10b5-1 trading plan established on November 4, 2024. The shares were executed at a weighted average price of $275.05, with execution prices ranging from $275.01 to $275.07.

Following the reported sale the reporting person beneficially owns 25,178 shares directly and 523 shares indirectly through an ESOP. The filing discloses the plan basis for the sale and offers to provide detailed per-price execution information on request.

Positive

• Sale was executed pursuant to a 10b5-1 trading plan, indicating the transaction was preplanned
• Filing discloses a weighted average price of $275.05 and the execution price range ($275.01–$275.07)
• Reporting includes post-transaction beneficial ownership totals: 25,178 direct and 523 indirect (ESOP)

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider sale executed under a 10b5-1 plan with full basic disclosure; no material dilution or new issuance reported.

The Form 4 shows a small, preplanned disposition of 145 common shares at a weighted average price of $275.05, executed under a 10b5-1 plan established on November 4, 2024. The filing provides the price range and commits to provide per-price details on request, which reduces informational asymmetry. Reported post-transaction holdings are 25,178 direct and 523 indirect (ESOP). Based solely on the reported figures, this is a routine, disclosed insider sale rather than a corporate action that changes capital structure.

Corporate Governance Expert

TL;DR: Disclosure aligns with governance best practices; sale appears procedural under an established plan.

The document explicitly states the transaction was effected under a 10b5-1 trading plan and includes a weighted average sale price plus the price range, and it records both direct and indirect beneficial ownership. Those elements demonstrate compliance with Section 16 reporting obligations and provide transparency about the insider's remaining economic interest: 25,178 direct shares and 523 indirect shares via an ESOP. No additional governance concerns are raised by the facts reported.

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^*

Perry James E

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		S(1)		145	D	$275.05(2)	25,178	D
Common Stock								523	I	by ESOP

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 November 4, 2024.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.01 to $275.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

Remarks:

	/s/Luke E. Alverson, Attorney in Fact	08/12/2025
	** 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 insider Perry James E report on Form 4?

The Form 4 reports that Perry James E, EVP and CFO, sold 145 shares of CSW common stock.

At what price were the CSWI shares sold?

The shares were sold at a weighted average price of $275.05, with prices ranging from $275.01 to $275.07.

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

Yes. The sale was effected pursuant to a 10b5-1 trading plan established on November 4, 2024.

How many CSWI shares does Perry James E own after the reported sale?

After the sale the reporting person beneficially owns 25,178 shares directly and 523 shares indirectly via an ESOP.

Will detailed execution prices be made available?

The filing states the reporting person will provide, upon request, full information regarding the number of shares sold at each separate price within the reported range.