---
schema_version: "secwatch.filing_event.v1"
accession: "0001692115-25-000075"
form_type: "8-K"
ticker: "SWX"
cik: "0001692115"
company_name: "Southwest Gas Holdings, Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:49:17.715309+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Southwest Gas CEO granted 25,456 special PSUs with two-year performance goals

## Summary
- 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.

## SEC filing metadata
- accession: 0001692115-25-000075
- form_type: 8-K
- ticker: SWX
- cik: 0001692115
- company_name: Southwest Gas Holdings, Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692115/000169211525000075/0001692115-25-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692115/000169211525000075/swx-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001692115-25-000075
- JSON: https://secwatch.observer/filing/0001692115-25-000075.json
- Plain text: https://secwatch.observer/filing/0001692115-25-000075.txt

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