secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2022-06-09T23:59:59+00:00
Accession:  0001193125-22-171121
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000119312522171121/0001193125-22-171121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92416/000119312522171121/d359506d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-171121

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