---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-171121"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2022-06-09T23:59:59+00:00"
generated_at: "2026-06-25T03:13:07.728085+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas Holdings enters severance agreement with former CEO John P. Hester – $2.46M lump sum

## Summary
- Former CEO John P. Hester retired May 5, 2022; severance agreement effective June 11, 2022.
- Lump sum payment of $2,458,714 covering 13 months base salary, 2022 target incentive, and COBRA.
- All outstanding equity awards settled per award agreements; up to $15,000 legal fee reimbursement.
- Hester to provide litigation assistance up to 50 hours/year for 3 years at $525/hour (excl. court testimony).

## SEC filing metadata
- accession: 0001193125-22-171121
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2022-06-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000119312522171121/0001193125-22-171121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92416/000119312522171121/d359506d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-171121
- JSON: https://secwatch.observer/filing/0001193125-22-171121.json
- Plain text: https://secwatch.observer/filing/0001193125-22-171121.txt

## Key facts
- Executive change
  John P. Hester retired as President and Chief Executive Officer at Southwest Gas Holdings, Inc..
  - Action: retired
  - Role: President and Chief Executive Officer
  source text: John P. Hester, Southwest’s former President and Chief Executive Officer, who had previously retired from his positions with Southwest on May 5, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692115/000119312522171121/0001193125-22-171121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.