Southwest Gas Holdings DEF 14A: Executive Pay & Equity Awards

Ticker: SWX · Form: DEF 14A · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, equity-awards, governance

Related Tickers: SWX

TL;DR

SWX DEF 14A out: Executive pay details for 2024, including equity awards for Haller & Hester. Shareholders get the scoop.

AI Summary

Southwest Gas Holdings, Inc. filed its DEF 14A on March 17, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on named executive officers such as Haller and Hester, and their compensation packages. It also covers details regarding equity awards granted and outstanding during the covered year.

Why It Matters

This filing provides crucial transparency into how Southwest Gas compensates its top executives and the structure of their equity awards, which can influence company strategy and shareholder value.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and is not indicative of immediate financial risk.

Key Numbers

2024 — Fiscal Year (The period for which executive compensation and equity awards are reported.)
20250317 — Filing Date (The date Southwest Gas Holdings filed this DEF 14A with the SEC.)

Key Players & Entities

Southwest Gas Holdings, Inc. (company) — Filer of the DEF 14A
Haller (person) — Named executive officer
Hester (person) — Named executive officer
2024-12-31 (date) — Fiscal year end
20250317 (date) — Filing date

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit shareholder votes and provides detailed information about matters to be voted on at a shareholder meeting, including executive compensation, director elections, and other corporate actions.

Who are the key individuals mentioned in relation to executive compensation for the fiscal year 2024?

The filing specifically mentions 'HallerMember' and 'HesterMember' in relation to executive compensation and equity awards for the fiscal years 2024, 2023, 2022, 2021, and 2020.

What specific financial data related to equity awards is provided?

The filing includes data points such as 'YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember' (Year-end fair value of equity awards granted in covered year outstanding and unvested) and 'VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember' (Vesting date fair value of equity awards granted and vested in covered year).

What is the fiscal year end for Southwest Gas Holdings, Inc. as stated in the filing?

The fiscal year end for Southwest Gas Holdings, Inc. is December 31, as indicated by the 'FISCAL YEAR END: 1231' and the reporting periods like '2024-12-31'.

What is the Standard Industrial Classification (SIC) code for Southwest Gas Holdings, Inc. and what does it represent?

The SIC code is 4923, which corresponds to 'NATURAL GAS TRANSMISSION & DISTRIBUTION', indicating the company's primary business sector.

From the Filing

0001692115-25-000094.txt : 20250317 0001692115-25-000094.hdr.sgml : 20250317 20250317161005 ACCESSION NUMBER: 0001692115-25-000094 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 214 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Southwest Gas Holdings, Inc. CENTRAL INDEX KEY: 0001692115 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 813881866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-37976 FILM NUMBER: 25744495 BUSINESS ADDRESS: STREET 1: C/O SOUTHWEST GAS CORPORATION STREET 2: 8360 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 BUSINESS PHONE: 702-876-7237 MAIL ADDRESS: STREET 1: C/O SOUTHWEST GAS CORPORATION STREET 2: 8360 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 DEF 14A 1 swx-20250317.htm DEF 14A swx-20250317 0001692115 DEF 14A false iso4217:USD xbrli:pure 0001692115 2024-01-01 2024-12-31 0001692115 swx:HallerMember 2024-01-01 2024-12-31 0001692115 swx:HesterMember 2024-01-01 2024-12-31 0001692115 swx:HallerMember 2023-01-01 2023-12-31 0001692115 swx:HesterMember 2023-01-01 2023-12-31 0001692115 2023-01-01 2023-12-31 0001692115 swx:HallerMember 2022-01-01 2022-12-31 0001692115 swx:HesterMember 2022-01-01 2022-12-31 0001692115 2022-01-01 2022-12-31 0001692115 swx:HallerMember 2021-01-01 2021-12-31 0001692115 swx:HesterMember 2021-01-01 2021-12-31 0001692115 2021-01-01 2021-12-31 0001692115 swx:HallerMember 2020-01-01 2020-12-31 0001692115 swx:HesterMember 2020-01-01 2020-12-31 0001692115 2020-01-01 2020-12-31 0001692115 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:PnsnAdjsSvcCstMember ecd:PeoMember swx:HallerMember 2024-01-01 2024-12-31 0001692115 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 ecd:PnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001692115 1 2024-01-01 2024-12-31 0001692115 2 swx:Ms.HallerAndMr.StefaniMember 2024-01-01 2024-12-31 0001692115 3 swx:MessrsBrownAndGabeAndMs.WilliamsMember 2024-01-01 2024-12-31 0001692115 3 swx:Ms.HallerAndMr.StefaniMember 2024-01-01 2024-12-31 0001692115 1 swx:MessrsBrownAndGabeAndMs.WilliamsMember 2024-01-01 2024-12-31 0001692115 1 swx:Ms.HallerAndMr.StefaniMember 2024-01-01 2024-12-31 0001692115 6 swx:MessrsBrownAndGabeAndMs.WilliamsMember 2024-01-01 2024-12-31 0001692115 4 swx:Ms.HallerAndMr.StefaniMember 2024-01-01 2024-12-31 0001692115 7 swx:MessrsBrownAndGabeAndMs.WilliamsMember 2024-01-01 2024-12-31 0001692115 5 swx:Ms.HallerAndMr.StefaniMember 2024-01-01 2024-12-31 0001692115 8 swx:MessrsBrownAndGab