Form 4: Southwest Gas Holdings SVP Robert Stefani Reports Stock Transaction
SEC Form 4 Filing
Robert J. Stefani, SVP/Chief Financial Officer of Southwest Gas Holdings, reports the disposition of 1,077.185 shares of common stock to cover tax obligations.
Summary
- On May 9, 2024, Robert J. Stefani, SVP/Chief Financial Officer of Southwest Gas Holdings, reported a transaction involving the company's common stock.
- A total of 1,077.185 shares were disposed of at a price of $75.33 per share.
- This transaction was to cover tax obligations related to Performance Share delivery reported on May 3, 2024.
- Following the transaction, Stefani directly owns 43,877.492 shares of Southwest Gas Holdings common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides investors with information about the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of Performance Share delivery related to the tax obligation. |
| 05/09/2024 | Date of the stock transaction (disposal of shares). |
| 05/10/2024 | Date of signature on the report. |
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