Form 4: Southwest Gas Holdings Executive Gabe Randall P. Reports Stock Transaction
SEC Form 4 Filing
Gabe Randall P., SVP/Chief Administrative Officer of Southwest Gas Holdings, reports disposition of shares to cover tax obligations from settled Performance Stock Units.
Summary
- On March 4, 2025, Gabe Randall P., SVP/Chief Administrative Officer of Southwest Gas Holdings, reported a transaction involving common stock.
- 466.625 shares were disposed of to cover tax obligations related to settled Performance Stock Units at a price of $70.71 per share.
- Following the transaction, Gabe Randall P. directly owns 19,078.3578 shares of common stock and indirectly owns 1,160.1952 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding 10% or more of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock transaction (disposal of shares). |
| 02/24/2025 | Performance Stock Units settled. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.