other
confidence high
sentiment neutral
materiality 0.45
Southwest Gas CEO granted 25,456 special PSUs with two-year performance goals
Southwest Gas Holdings, Inc.
- CEO Karen S. Haller receives 25,456 target PSUs valued at ~$1.8M (based on 2024 closing price).
- PSUs vest Dec 31, 2026 based on cumulative adjusted EPS & Southwest Gas Corp adjusted net income.
- Earned units range 0%-172.5% of target; TSR relative to peer index adds up to 15% modifier.
- Accelerated vesting on death, disability, retirement, involuntary job elimination, or change-in-control termination.
- Award granted under 2024 Omnibus Incentive Plan with dividend equivalents and standard forfeiture provisions.