CSWI Form 4: Director Jay Kent Sweezey Receives 495 Restricted Shares

Rhea-AI Filing Summary

Insider equity grant reported for CSW Industrials (CSWI). Director Jay Kent Sweezey was granted 495 shares of restricted common stock on 08/28/2025 at a reported price of $0. The restricted shares cliff vest on the earlier of the first anniversary of the grant or the issuer's 2026 annual meeting of shareholders. Following the grant, the reporting person beneficially owned 10,156 shares in a direct ownership form. The Form 4 was executed on 09/02/2025 by an attorney-in-fact on behalf of the reporting person.

Positive

• Director received equity aligning interests with shareholders
• Clear vesting schedule: cliff vests on earlier of one-year anniversary or 2026 annual meeting
• Grant documented as acquisition at $0, indicating compensation under the company plan

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A director received a standard restricted stock grant with time-based cliff vesting, aligning interests with shareholders.

The filing documents a time-based restricted stock award to a director rather than an option or sale. Cliff vesting to the earlier of one year or the 2026 annual meeting is explicit, which creates a clear short-term retention condition. The transaction is recorded as an acquisition at $0, indicating a compensation grant under the company's plan rather than a market purchase. Beneficial ownership after the grant is 10,156 shares, recorded as direct ownership.

Compensation Analyst

TL;DR: The grant is routine director compensation with no performance conditions disclosed.

The Form 4 shows 495 restricted shares granted under the issuer's Equity and Incentive Compensation Plan with a simple cliff vesting schedule. There are no performance-based vesting conditions described; vesting is time-based only. The reported price of $0 is consistent with grants issued as compensation. No changes to derivative holdings or other transactions are 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
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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^*

Sweezey Jay Kent

(Last) (First) (Middle)

5240 LBJ FREEWAY, SUITE 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	10,156	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 Jay Kent Sweezey report on Form 4 for CSWI?

The Form 4 reports a grant of 495 restricted common shares acquired on 08/28/2025 and recorded at a price of $0.

When do the restricted shares vest?

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

How many shares does the reporting person beneficially own after the transaction?

Following the reported transaction, the reporting person beneficially owned 10,156 shares in direct form.

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

The form indicates it was filed by one reporting person.

Who signed the Form 4?

The Form 4 was signed by Luke E. Alverson, Attorney in Fact for the reporting person on 09/02/2025.