[144] Southwest Gas Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Southwest Gas Holdings insider Robert J. Stefani, an officer of the company, has filed Form 144 indicating intent to sell 7,000 shares of common stock with an aggregate market value of $525,000 through Fidelity Brokerage Services.

The shares to be sold were acquired through two restricted stock vesting events:

• 4,690 shares on November 21, 2024
• 2,310 shares on January 4, 2025

The filing discloses that Stefani previously sold 2,000 shares on March 28, 2025, generating gross proceeds of $145,100. The proposed sale represents a small fraction of the company's 71.9 million outstanding shares and is planned for execution on the NYSE around June 27, 2025. The seller has certified no knowledge of undisclosed material adverse information regarding the company's operations.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001955367
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Southwest Gas Holdings, Inc.
SEC File Number	001-37976
Address of Issuer	C/O SOUTHWEST GAS CORPORATION 8360 S. DURANGO DRIVE LAS VEGAS NEVADA 89113
Phone	702-876-7237
Name of Person for Whose Account the Securities are To Be Sold	Stefani Robert J
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	7000	525000.00	71912673	06/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/21/2024	Restricted Stock Vesting	Issuer			4690	11/21/2024	Compensation
Common	01/04/2025	Restricted Stock Vesting	Issuer			2310	01/04/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Robert J. Stefani 8360 S. Durango Drive Las Vegas NV 89113	Common	03/28/2025	2000	145100.00

144: Remarks and Signature

Remarks
Date of Notice	06/27/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Robert J. Stefani
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares of SWX stock is Robert J. Stefani planning to sell on June 27, 2025?

According to the Form 144 filing, Robert J. Stefani, an officer of Southwest Gas Holdings, Inc. (SWX), plans to sell 7,000 shares of common stock with an aggregate market value of $525,000.00 through Fidelity Brokerage Services LLC.

How did Robert J. Stefani acquire the SWX shares being sold?

The shares were acquired through two restricted stock vesting events: 4,690 shares on November 21, 2024, and 2,310 shares on January 4, 2025, both received as compensation from the issuer (Southwest Gas Holdings, Inc.).

What previous SWX stock sales has Robert J. Stefani made in the past 3 months?

According to the filing, Robert J. Stefani sold 2,000 shares of SWX common stock on March 28, 2025, for gross proceeds of $145,100.00.

What is the current total number of outstanding shares of SWX?

According to the Form 144 filing, Southwest Gas Holdings, Inc. (SWX) has 71,912,673 shares outstanding.

What is Robert J. Stefani's role at SWX?

The Form 144 filing indicates that Robert J. Stefani's relationship to Southwest Gas Holdings, Inc. (SWX) is that of an Officer of the company.