other material
confidence high
sentiment neutral
materiality 0.50
SWX stockholders approve 2024 Omnibus Incentive Plan; PSU grants to CEO, CFO, and President
Southwest Gas Holdings, Inc.
- Stockholders approved 2024 Omnibus Incentive Plan on May 2, 2024, enabling equity grants to officers and directors.
- CEO Karen Haller received 53,039 PSUs: 25% vested immediately (Centuri IPO), 75% upon sale/disposition below 20% Centuri ownership.
- CFO Robert Stefani received 15,785 PSUs: 25% vested immediately (Centuri IPO), 75% upon sale/disposition of Centuri.
- Justin Brown (Pres of Southwest Gas Corp) received 15,785 PSUs vesting 50% Feb 22, 2025 and 50% Feb 22, 2026, subject to performance objectives.
- Awards contingent on stockholder approval of the 2024 Plan and grant-specific terms set by Compensation Committee.