Form 4: CSW Industrials Director Robert M. Swartz Sells 200 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Robert M. Swartz of CSW Industrials sold 200 shares of common stock at a price of $312.87 per share on May 1, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On May 1, 2025, Robert M. Swartz, a director of CSW Industrials, sold 200 shares of the company's common stock.
- The sale was executed at a price of $312.87 per share.
- The transaction was conducted under a 10b5-1 trading plan established on September 10, 2024.
- Following the transaction, Swartz directly owns 12,919 shares of CSW Industrials common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook.
Industry Context
Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 2024-09-10 | Date the 10b5-1 trading plan was established. |
| 2025-05-01 | Date of the stock sale transaction. |
| 2025-05-02 | Date of the signature on the Form 4 filing. |
Keywords
CSW Industrials, Robert M. Swartz, Form 4, Stock Sale, Director, 10b5-1 Trading Plan, CSWI
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