Form 4: Southwest Gas Holdings Executive Justin L. Brown Reports Stock Transaction
SEC Form 4 Filing
Justin L. Brown, President of Southwest Gas Corp., reports the withholding of shares to cover taxes on performance shares.
Summary
- On March 5, 2024, Justin L. Brown, President of Southwest Gas Corp., had 1,702.634 shares of common stock withheld to cover taxes on performance shares delivered as a result of satisfying performance goals.
- Following the transaction, Brown directly owns 19,741.3119 shares of Southwest Gas Holdings, Inc. common stock.
- Brown also indirectly owns 3,319.31 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to executive compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of the stock transaction (tax withholding). |
| 03/07/2024 | Date of signature on the Form 4 filing. |
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