{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-099073","form_type":"8-K","ticker":"SWX","cik":"0001692115","company_name":"Southwest Gas Holdings, Inc.","filed_at":"2024-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.627370+00:00","generated_at":"2026-06-03T21:43:45.939662+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Southwest Gas Holdings signs separation agreement for Centuri IPO; roadshow started April 8, closing expected April 22","bullets":["Separation, Tax Matters, and Registration Rights Agreements executed April 11, 2024, governing asset/liability split and IPO terms.","Centuri IPO roadshow commenced April 8; closing expected April 22, 2024, subject to customary conditions.","Southwest will retain at least 80.1% of Centuri common stock after the IPO.","Southwest may later distribute, sell, or hold its retained Centuri shares; any distribution would aim for tax-free treatment under Section 355.","Centuri Board representation, information rights, and indemnification obligations (potentially uncapped) established for Southwest post-IPO."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-099073","json":"https://secwatch.observer/filing/0001193125-24-099073.json","markdown":"https://secwatch.observer/filing/0001193125-24-099073.md","text":"https://secwatch.observer/filing/0001193125-24-099073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692115/000119312524099073/0001193125-24-099073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692115/000119312524099073/d823906d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:43:45.939662+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cecd23f0fad57ca9f701908c6ec2e4dcc4ef8221","claim":"Southwest Gas Holdings, Inc. entered into Separation Agreement with Centuri Holdings, Inc. valued at Separation of Centuri Group, Inc. business (effective 2024-04-11).","evidence_excerpt":"On April 11, 2024, Southwest Gas Holdings, Inc. (the \"Company\") entered into several agreements with Centuri Holdings, Inc. (\"Centuri\"), a wholly-owned subsidiary of the Company, in connection with the separation of the business, assets and liabilities comprising Centuri Group, Inc., the Company's strategic utility infrastructure services business (\"Centuri Group\"), from the Company and the transfer of Centuri Group to Centuri (the \"Separation\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1692115/000119312524099073/0001193125-24-099073-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Centuri Holdings, Inc."},{"label":"Value","value":"Separation of Centuri Group, Inc. business"},{"label":"Effective","value":"2024-04-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}