Form 4: Capital Southwest Corp: CFO Transactions
Statement of Changes in Beneficial Ownership
Chris Rehberger, Chief Financial Officer of Capital Southwest Corp, reported transactions involving common stock, including shares withheld for tax payments and shares issued under an employee award plan.
Summary
- Chris Rehberger, Chief Financial Officer of Capital Southwest Corp, engaged in stock transactions on June 9 and June 10, 2026.
- On June 9, 2026, 4,492 shares of common stock were disposed of at a price of $23.28 per share, related to tax withholding upon vesting of restricted shares.
- Also on June 9, 2026, 75,000 shares of common stock were acquired at $0, issued under the Capital Southwest Corporation 2021 Employee Restricted Stock Award Plan.
- On June 10, 2026, an additional 3,688 shares were disposed of at $23.54 per share, also for tax withholding.
- Following these transactions, Rehberger beneficially owns 215,971 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as the reported transactions are primarily related to standard equity compensation and tax obligations rather than significant buying or selling activity driven by market outlook.
Positives
- Acquisition of 75,000 shares under the employee restricted stock award plan indicates continued equity-based compensation and potential alignment with company performance.
- The transactions were conducted under a plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions, suggesting pre-planned and potentially less market-sensitive trading.
Negatives
- Disposal of 4,492 shares on June 9 and 3,688 shares on June 10 were for tax withholding, representing a reduction in directly held shares.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and provide transparency into executive stock holdings and movements. This filing details routine share adjustments for tax purposes and equity awards, common within the financial services sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Rule 16b-3 Compliance | Transactions related to the vesting of restricted shares were approved by the Compensation Committee and conducted in accordance with Rule 16b-3(d)(1) and exempt from Section 16(b) pursuant to Rule 16b-3(e). | N/A | Ensures compliance with SEC regulations regarding insider transactions and provides an affirmative defense against short-swing profit liability. |
Stakeholder Impact
- Shareholders: Increased transparency into executive stock ownership and compensation mechanisms.
- Employees: The issuance of shares under the 2021 Employee Restricted Stock Award Plan reinforces employee incentive programs.
Key Dates
| Date | Description |
|---|---|
| 06/09/2026 | Earliest transaction date reported, including disposal of shares for tax withholding and issuance of shares under employee award plan. |
| 06/10/2026 | Date of additional disposal of shares for tax withholding. |
Keywords
Form 4, SEC Filing, Capital Southwest Corp, CSWC, Stock Transaction, Beneficial Ownership, Restricted Stock Award, Tax Withholding, Chief Financial Officer, Chris Rehberger
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