Southwest Gas Holdings Announces Director Changes
Ticker: SWX · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: governance, board-changes, executive-compensation
Related Tickers: SWX
TL;DR
SWX board shake-up: Benson out, Flexon & Miller in. New exec comp details.
AI Summary
Southwest Gas Holdings, Inc. announced on May 2, 2024, the departure of director John B. Benson and the election of new directors, including Robert L. Flexon and Karen S. Miller. The company also reported on compensatory arrangements for certain officers. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and executive compensation disclosures, which typically carry low risk.
Key Players & Entities
- Southwest Gas Holdings, Inc. (company) — Registrant
- John B. Benson (person) — Departing Director
- Robert L. Flexon (person) — Elected Director
- Karen S. Miller (person) — Elected Director
- May 2, 2024 (date) — Date of Report
FAQ
Who has departed from the Southwest Gas Holdings, Inc. board of directors?
John B. Benson has departed from the board of directors of Southwest Gas Holdings, Inc.
Who has been elected as new directors to the Southwest Gas Holdings, Inc. board?
Robert L. Flexon and Karen S. Miller have been elected as new directors to the board of Southwest Gas Holdings, Inc.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is May 2, 2024.
What specific items are being reported under the 'ITEM INFORMATION' section?
The filing reports on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; and Compensatory Arrangements of Certain Officers, as well as Financial Statements and Exhibits.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,749 words · 7 min read · ~6 pages · Grade level 12.7 · Accepted 2024-05-07 17:06:04
Key Financial Figures
- $1 — thwest Gas Holdings, Inc. Common Stock, $1 Par Value SWX New York Stock Exchan
Filing Documents
- d831494d8k.htm (8-K) — 39KB
- d831494dex101.htm (EX-10.1) — 31KB
- d831494dex102.htm (EX-10.2) — 46KB
- d831494dex103.htm (EX-10.3) — 46KB
- d831494dex104.htm (EX-10.4) — 32KB
- d831494dex105.htm (EX-10.5) — 32KB
- d831494dex106.htm (EX-10.6) — 32KB
- 0001193125-24-133275.txt ( ) — 473KB
- swx-20240502.xsd (EX-101.SCH) — 4KB
- swx-20240502_def.xml (EX-101.DEF) — 13KB
- swx-20240502_lab.xml (EX-101.LAB) — 21KB
- swx-20240502_pre.xml (EX-101.PRE) — 14KB
- d831494d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Form of Restricted Stock Unit Award Agreement under the Southwest Gas Holdings, Inc. 2024 Omnibus Incentive Plan 10.2 Form of Performance Stock Unit Award Agreement (EPS and ROE) under the Southwest Gas Holdings, Inc. 2024 Omnibus Incentive Plan 10.3 Form of Performance Stock Unit Award Agreement (UNI and ROE) under the Southwest Gas Holdings, Inc. 2024 Omnibus Incentive Plan 10.4 Performance Stock Unit Award Agreement with Karen S. Haller 10.5 Performance Stock Unit Award Agreement with Robert J. Stefani 10.6 Performance Stock Unit Award Agreement with Justin L. Brown 104 Cover Page formatted in Inline XBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOUTHWEST GAS HOLDINGS, INC. May 7, 2024 /s/ Thomas E. Moran Thomas E. Moran Vice President/General Counsel/Corporate Secretary