Form 4: Southwest Gas Holdings Executive Julie M. Williams Reports Stock Transaction
SEC Form 4 Filing
Julie M. Williams, SVP/Cont. Improvement and Opt. at Southwest Gas Holdings, reports disposition of shares to cover tax obligations related to performance shares.
Summary
- On March 5, 2024, Julie M. Williams, an SVP at Southwest Gas Holdings, disposed of 365.86 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $63.35 per share.
- Following the transaction, Williams directly owns 15,714.1212 shares of common stock and indirectly owns 2,327.811 shares through a 401(k).
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested performance shares, so it's neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock transaction (disposal of shares). |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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