[Form 4] Southwest Gas Holdings, Inc. Insider Trading Activity
Karen S. Haller, President and CEO of Southwest Gas Holdings, Inc. (SWX), reported changes in her beneficial ownership on a Form 4. On 09/05/2025 she received 42,157.038 shares at no cost representing settled performance stock units delivered after satisfaction of a performance goal, increasing her reported holdings to 170,405.6678 shares. On the same date she disposed of 16,588.794 shares at $78.60 per share, leaving 153,816.8738 shares directly beneficially owned. The filing also discloses indirect holdings of 2,419.9469 shares in a 401(k) and 996 shares held by her spouse. The Form 4 was signed by a POA on 09/09/2025.
Karen S. Haller, presidente e amministratore delegato di Southwest Gas Holdings, Inc. (SWX), ha comunicato variazioni nella propria partecipazione beneficiaria tramite un Form 4. Il 05/09/2025 ha ricevuto 42.157,038 azioni gratuitamente, rappresentanti unità azionarie di performance liquidate dopo il raggiungimento di un obiettivo di performance, portando il suo totale dichiarato a 170.405,6678 azioni. Nello stesso giorno ha invece ceduto 16.588,794 azioni al prezzo di $78,60 per azione, rimanendo quindi con 153.816,8738 azioni di proprietà diretta. La dichiarazione segnala inoltre partecipazioni indirette di 2.419,9469 azioni in un piano 401(k) e 996 azioni possedute dal coniuge. Il Form 4 è stato firmato da un procuratore (POA) il 09/09/2025.
Karen S. Haller, presidenta y directora ejecutiva de Southwest Gas Holdings, Inc. (SWX), informó cambios en su propiedad beneficiaria mediante un Formulario 4. El 05/09/2025 recibió 42.157,038 acciones sin costo, correspondientes a unidades de acciones por desempeño liquidadas tras cumplirse una meta de rendimiento, aumentando su tenencia declarada a 170.405,6678 acciones. Ese mismo día vendió 16.588,794 acciones a $78,60 por acción, quedando con 153.816,8738 acciones de propiedad directa. La presentación también revela participaciones indirectas de 2.419,9469 acciones en un 401(k) y 996 acciones pertenecientes a su cónyuge. El Form 4 fue firmado por un apoderado (POA) el 09/09/2025.
Southwest Gas Holdings, Inc. (SWX)의 사장 겸 CEO인 Karen S. Haller가 Form 4를 통해 실소유 지분 변동을 보고했습니다. 2025-09-05에 성과 목표 충족 후 지급된 성과 주식 단위가 정산되어 42,157.038주를 무상으로 수령했고, 이에 따라 신고된 보유주식이 170,405.6678주로 증가했습니다. 같은 날 $78.6016,588.794주를 처분해 직접 보유주식은 153,816.8738주로 남았습니다. 제출서류에는 또한 401(k)에 간접 보유된 2,419.9469주와 배우자가 보유한 996주도 공시되어 있습니다. Form 4는 2025-09-09에 위임 대리인(POA)이 서명했습니다.
Karen S. Haller, présidente et directrice générale de Southwest Gas Holdings, Inc. (SWX), a déclaré des changements dans sa détention bénéficiaire via un Formulaire 4. Le 05/09/2025, elle a reçu 42 157,038 actions à titre gratuit, correspondant à des unités de performance réglées après l'atteinte d'un objectif de performance, portant son total déclaré à 170 405,6678 actions. Le même jour, elle a cédé 16 588,794 actions au prix de 78,60 $ par action, restant ainsi titulaire directe de 153 816,8738 actions. Le dépôt divulgue également des avoirs indirects de 2 419,9469 actions dans un 401(k) et 996 actions détenues par son conjoint. Le Form 4 a été signé par un mandataire (POA) le 09/09/2025.
Karen S. Haller, Präsidentin und CEO von Southwest Gas Holdings, Inc. (SWX), meldete Änderungen ihres wirtschaftlichen Eigentums in einem Form 4. Am 05.09.2025 erhielt sie 42.157,038 Aktien unentgeltlich, wobei es sich um abgewickelte Performance-Aktieneinheiten handelt, die nach Erfüllung eines Leistungsziels ausgezahlt wurden, wodurch ihr gemeldeter Bestand auf 170.405,6678 Aktien anstieg. Am selben Tag veräußerte sie 16.588,794 Aktien zu $78,60 pro Aktie, sodass verbleibend 153.816,8738 Aktien direkt in ihrem Besitz sind. Die Meldung nennt zudem indirekte Bestände von 2.419,9469 Aktien in einem 401(k) und 996 Aktien, die ihr Ehepartner hält. Das Form 4 wurde am 09.09.2025 von einem Bevollmächtigten (POA) unterzeichnet.
- Vested performance stock units delivered (42,157.038 shares) indicating achievement of a performance goal
- Substantial remaining direct ownership after transactions (153,816.8738 shares), maintaining significant CEO alignment with shareholders
- Complete Section 16 disclosure including POA signature and transaction dates
- Insider sale of 16,588.794 shares at $78.60, which may be viewed negatively by some investors
- No proceeds amount explicitly stated in the filing (must be calculated from shares × price)
Insights
TL;DR: CEO received vested performance stock units and executed a contemporaneous sale, reflecting routine compensation settlement and partial divestiture.
The reporting shows settlement of performance-based equity and a sale on the same date. The delivered 42,157.038 shares were the result of satisfying a performance goal, indicating an earned equity payout under the company's incentive plan. The concurrent sale of 16,588.794 shares at $78.60 reduces direct holdings but leaves substantial remaining ownership. This pattern is consistent with executives realizing compensation while retaining a majority of post-settlement shares. All details reported are specific and complete in the Form 4.
TL;DR: Material share movement occurred but is neutral overall—vesting increased ownership while a partial sale generated proceeds.
The filing quantifies both an equity grant settlement (42,157.038 shares at $0) and a sale (16,588.794 shares at $78.60). Net direct ownership after transactions is 153,816.8738 shares, with additional indirect holdings noted. The data are precise and allow investors to calculate proceeds from the sale (16,588.794 × $78.60) and the post-transaction ownership stake. There are no amendments or other derivative transactions reported. The disclosure is clear and timely per Section 16 requirements.
Karen S. Haller, presidente e amministratore delegato di Southwest Gas Holdings, Inc. (SWX), ha comunicato variazioni nella propria partecipazione beneficiaria tramite un Form 4. Il 05/09/2025 ha ricevuto 42.157,038 azioni gratuitamente, rappresentanti unità azionarie di performance liquidate dopo il raggiungimento di un obiettivo di performance, portando il suo totale dichiarato a 170.405,6678 azioni. Nello stesso giorno ha invece ceduto 16.588,794 azioni al prezzo di $78,60 per azione, rimanendo quindi con 153.816,8738 azioni di proprietà diretta. La dichiarazione segnala inoltre partecipazioni indirette di 2.419,9469 azioni in un piano 401(k) e 996 azioni possedute dal coniuge. Il Form 4 è stato firmato da un procuratore (POA) il 09/09/2025.
Karen S. Haller, presidenta y directora ejecutiva de Southwest Gas Holdings, Inc. (SWX), informó cambios en su propiedad beneficiaria mediante un Formulario 4. El 05/09/2025 recibió 42.157,038 acciones sin costo, correspondientes a unidades de acciones por desempeño liquidadas tras cumplirse una meta de rendimiento, aumentando su tenencia declarada a 170.405,6678 acciones. Ese mismo día vendió 16.588,794 acciones a $78,60 por acción, quedando con 153.816,8738 acciones de propiedad directa. La presentación también revela participaciones indirectas de 2.419,9469 acciones en un 401(k) y 996 acciones pertenecientes a su cónyuge. El Form 4 fue firmado por un apoderado (POA) el 09/09/2025.
Southwest Gas Holdings, Inc. (SWX)의 사장 겸 CEO인 Karen S. Haller가 Form 4를 통해 실소유 지분 변동을 보고했습니다. 2025-09-05에 성과 목표 충족 후 지급된 성과 주식 단위가 정산되어 42,157.038주를 무상으로 수령했고, 이에 따라 신고된 보유주식이 170,405.6678주로 증가했습니다. 같은 날 $78.6016,588.794주를 처분해 직접 보유주식은 153,816.8738주로 남았습니다. 제출서류에는 또한 401(k)에 간접 보유된 2,419.9469주와 배우자가 보유한 996주도 공시되어 있습니다. Form 4는 2025-09-09에 위임 대리인(POA)이 서명했습니다.
Karen S. Haller, présidente et directrice générale de Southwest Gas Holdings, Inc. (SWX), a déclaré des changements dans sa détention bénéficiaire via un Formulaire 4. Le 05/09/2025, elle a reçu 42 157,038 actions à titre gratuit, correspondant à des unités de performance réglées après l'atteinte d'un objectif de performance, portant son total déclaré à 170 405,6678 actions. Le même jour, elle a cédé 16 588,794 actions au prix de 78,60 $ par action, restant ainsi titulaire directe de 153 816,8738 actions. Le dépôt divulgue également des avoirs indirects de 2 419,9469 actions dans un 401(k) et 996 actions détenues par son conjoint. Le Form 4 a été signé par un mandataire (POA) le 09/09/2025.
Karen S. Haller, Präsidentin und CEO von Southwest Gas Holdings, Inc. (SWX), meldete Änderungen ihres wirtschaftlichen Eigentums in einem Form 4. Am 05.09.2025 erhielt sie 42.157,038 Aktien unentgeltlich, wobei es sich um abgewickelte Performance-Aktieneinheiten handelt, die nach Erfüllung eines Leistungsziels ausgezahlt wurden, wodurch ihr gemeldeter Bestand auf 170.405,6678 Aktien anstieg. Am selben Tag veräußerte sie 16.588,794 Aktien zu $78,60 pro Aktie, sodass verbleibend 153.816,8738 Aktien direkt in ihrem Besitz sind. Die Meldung nennt zudem indirekte Bestände von 2.419,9469 Aktien in einem 401(k) und 996 Aktien, die ihr Ehepartner hält. Das Form 4 wurde am 09.09.2025 von einem Bevollmächtigten (POA) unterzeichnet.
FAQ
What transactions did Karen S. Haller report on the Form 4 for SWX?
How many shares does Karen Haller beneficially own after the reported transactions?
Why were the 42,157.038 shares delivered to Karen Haller?
When was the Form 4 signed and filed for these transactions?
What price did Karen Haller receive for the shares she sold?
