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 the withholding of shares to cover tax obligations related to performance shares.
Summary
- On March 5, 2024, Gabe Randall P., a Senior Vice President and Chief Administrative Officer at Southwest Gas Holdings, Inc., reported a transaction involving the company's common stock.
- 585.459 shares were disposed of to cover tax obligations on performance shares at a price of $63.35 per share.
- Following the transaction, Gabe Randall P. directly owns 13,394.2028 shares of common stock and indirectly owns 1,122.1972 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations upon the vesting of performance-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 03/07/2024 | Date of signature on the report. |
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