Southwest Gas (SWX) SVP reports Form 4 tax-related share withholding

Rhea-AI Filing Summary

Southwest Gas Holdings, Inc. executive Julie M. Williams reported a tax-related share withholding in company stock. On January 8, 2026, 1,271.426 shares of Southwest Gas Holdings common stock were withheld at a price of $80.15 per share, reported under transaction code "F," which typically reflects shares withheld to cover taxes on equity awards rather than an open-market sale.

After this transaction, Williams directly held 20,603.966 shares of common stock and indirectly held 2,485.076 shares through a 401(k) plan. The filing notes that these balances include shares previously acquired through exempt dividend reinvestment transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Williams Julie M.

Role SVP/Cont. Improvement and Opt.

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,271.426	$80.15	$102K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 20,603.966 shares (Direct); Common Stock — 2,485.076 shares (Indirect, By 401(k))

Footnotes (1)

1. Balance includes 688.277 shares acquired through exempt dividend reinvestment transactions. Balance includes 78.386 shares acquired through exempt dividend reinvestment transactions.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Williams Julie M.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP/Cont. Improvement and Opt.

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

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	01/08/2026		F		1,271.426	D	$80.15	20,603.966(1)	D
Common Stock								2,485.076(2)	I	By 401(k)

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 688.277 shares acquired through exempt dividend reinvestment transactions.

2. Balance includes 78.386 shares acquired through exempt dividend reinvestment transactions.

Remarks:

	Catherine M. Mazzeo, POA	01/12/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who is the insider in this Southwest Gas (SWX) Form 4 filing?

The insider is Julie M. Williams, who is an officer of Southwest Gas Holdings, Inc. with the title SVP/Continuous Improvement and Optimization.

What transaction did Julie M. Williams report for Southwest Gas (SWX) on January 8, 2026?

She reported a transaction in common stock on January 8, 2026 with code "F", involving 1,271.426 shares at $80.15 per share, which reflects shares withheld, generally in connection with equity award tax obligations.

How many Southwest Gas (SWX) shares does Julie M. Williams hold after the reported transaction?

After the transaction, Williams directly held 20,603.966 shares of Southwest Gas common stock and indirectly held 2,485.076 shares through a 401(k) plan.

Was the Southwest Gas (SWX) Form 4 transaction an open-market sale?

The transaction code is "F", which indicates shares were withheld, typically to satisfy tax obligations on an equity award, rather than an open-market sale.

What do the dividend reinvestment footnotes in the Southwest Gas (SWX) Form 4 mean?

The footnotes state that Williams' balances include 688.277 shares and 78.386 shares that were acquired through exempt dividend reinvestment transactions, meaning they came from reinvested dividends rather than separate purchases.

How are Williams' indirect Southwest Gas (SWX) holdings structured?

Williams' indirect beneficial ownership is reported as 2,485.076 shares of common stock held "By 401(k)", reflecting shares in a retirement plan account.