secwatch.observer — SEC 8-K summary
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Issuer:     Southwest Gas Holdings, Inc. (SWX)
CIK:        0001692115
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001692115-25-000075
Event type: other
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692115/000169211525000075/0001692115-25-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692115/000169211525000075/swx-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001692115-25-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer