Director Kim Leezie receives prorated equity grant at Southwest Gas (NYSE: SWX)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kim Leezie reported acquisition or exercise transactions in this Form 4 filing.

Southwest Gas Holdings, Inc. director Kim Leezie received a prorated equity award of 1,196.370 shares of common stock on May 7, 2026. The award was granted in connection with the reporting person’s appointment as a director effective the same date and is recorded as a direct ownership position. Following this grant, total direct holdings reported are 1,196.370 shares, reflecting a routine, compensation-related stock award rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kim Leezie

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,196.37	$0.00	--

Holdings After Transaction: Common Stock — 1,196.37 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity award shares: 1,196.370 shares Grant price per share: $0.0000 per share Total holdings after grant: 1,196.370 shares +2 more

5 metrics

Equity award shares 1,196.370 shares Prorated director equity award granted May 7, 2026

Grant price per share $0.0000 per share Reported transaction price for equity award

Total holdings after grant 1,196.370 shares Direct common stock holdings following the transaction

Transaction code A Grant, award, or other acquisition of common stock

Transaction date May 7, 2026 Date of prorated equity award tied to director appointment

Key Terms

Form 4, equity award, grant, award, or other acquisition, Common Stock

4 terms

Form 4 regulatory

"The Form 4 reports an equity grant, not a market buy or sell."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

equity award financial

"Represents a prorated equity award granted on May 7, 2026 in connection"

An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.

grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 05:26 PM

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^*

Kim Leezie

(Last)

(First)

(Middle)

8360 S. DURANGO DRIVE

(Street)

LAS VEGAS

NEVADA

89113

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A		1,196.37⁽¹⁾	A	$0	1,196.37	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a prorated equity award granted on May 7, 2026 in connection with the reporting persons appointment as a director effective May 7, 2026.

Remarks:

	Catherine M. Mazzeo, POA	05/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Southwest Gas Holdings (SWX) report for Kim Leezie?

Southwest Gas Holdings reported that director Kim Leezie received a prorated equity award of 1,196.370 shares of common stock. The grant was made on May 7, 2026, in connection with Leezie’s appointment as a director effective that same date.

Was the Southwest Gas Holdings (SWX) Form 4 transaction a market buy or sell?

The Form 4 reports an equity grant, not a market buy or sell. Code "A" indicates a grant, award, or other acquisition at a stated price of $0.0000 per share, reflecting compensation rather than an open-market transaction.

How many Southwest Gas Holdings (SWX) shares does Kim Leezie hold after this grant?

After the reported transaction, Kim Leezie directly holds 1,196.370 shares of Southwest Gas Holdings common stock. This entire position reflects the prorated equity award granted on May 7, 2026, in connection with Leezie’s appointment as a director.

What is the significance of the May 7, 2026 equity award at Southwest Gas Holdings (SWX)?

The May 7, 2026 equity award represents standard director compensation. Kim Leezie received a prorated grant of 1,196.370 common shares upon appointment as a director effective that date, aligning director compensation partly with company equity performance.

Does the Southwest Gas Holdings (SWX) Form 4 show any derivative securities for Kim Leezie?

The Form 4 data shows no derivative securities for Kim Leezie. The filing lists only a non-derivative equity grant of 1,196.370 common shares, with no options, warrants, or other derivative positions reported in the derivativeSummary section.