Southwest Gas (SWX) director awarded 1,725.574 common shares in Form 4 filing

Rhea-AI Filing Summary

Southwest Gas Holdings, Inc. director Leslie T. Thornton reported acquiring 1,725.574 shares of common stock on February 19, 2026 through a grant or award transaction at a stated price of $0.0000 per share. After this award, the director directly holds a total of 17,201.352 shares of Southwest Gas common stock. A footnote explains that this balance includes 298.573 shares previously acquired through exempt dividend reinvestment transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thornton Leslie T

(Last) (First) (Middle)

8360 S. DURANGO DR.

(Street)

LAS VEGAS NV 89113

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Southwest Gas Holdings, Inc. [ SWX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2026		A		1,725.574	A	$0	17,201.352(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Balance includes 298.573 shares acquired through exempt dividend reinvestment transactions.

Remarks:

	Catherine M. Mazzeo, POA	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Southwest Gas (SWX) report for Leslie T. Thornton?

Southwest Gas reported that director Leslie T. Thornton acquired 1,725.574 common shares via a grant or award. This Form 4 filing classifies the transaction as an acquisition rather than an open-market purchase or sale, reflecting additional equity-based compensation.

On what date did the Southwest Gas (SWX) director share award occur?

The share award to Southwest Gas director Leslie T. Thornton occurred on February 19, 2026. That date is listed as the transaction date for the 1,725.574 common shares acquired through a grant or award on the reported Form 4 filing.

How many Southwest Gas (SWX) shares does Leslie T. Thornton hold after this Form 4 transaction?

After the reported grant, Leslie T. Thornton directly holds 17,201.352 Southwest Gas common shares. This total includes both previously held shares and the newly awarded 1,725.574 shares, as indicated in the Form 4 ownership balance data.

What was the reported price per share for the Southwest Gas (SWX) director’s award?

The reported price per share for the 1,725.574 Southwest Gas shares was $0.0000. This zero price is consistent with equity awards or grants that do not involve a cash payment by the director for the acquired shares.

Does the Southwest Gas (SWX) Form 4 mention dividend reinvestment shares for Leslie T. Thornton?

Yes. A footnote states that Leslie T. Thornton’s reported balance includes 298.573 Southwest Gas shares acquired through exempt dividend reinvestment transactions, indicating that part of the holding has accumulated via reinvested dividends rather than direct purchases.