Form 4: Southwest Gas Holdings Executive Justin L. Brown Reports Stock Transaction

Justin L. Brown, President of Southwest Gas Corp., reported a transaction involving the disposal of 2,021.716 shares of common stock on January 13, 2025.

Summary

• Justin L. Brown, President of Southwest Gas Corp., reported a transaction on January 13, 2025.
• The transaction involved the disposal of 2,021.716 shares of Southwest Gas Holdings, Inc. common stock.
• The shares were disposed of at a price of $71.34 per share.
• Following the transaction, Mr. Brown directly owns 21,807.9179 shares of common stock.
• Mr. Brown also indirectly owns 3,366.234 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• The transaction is typical for executives managing their personal investment portfolios and is not unusual in the context of publicly traded companies like Southwest Gas Holdings.
• Similar filings are made by executives at comparable companies such as Atmos Energy (ATO) and ONE Gas (OGS) when they engage in stock transactions.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an executive's personal portfolio management.

Key Dates

Keywords

stock transaction, insider trading, Form 4, Southwest Gas Holdings, SWX, executive, equity securities, beneficial ownership