Sandoval Brian E 4
Research Summary
AI-generated summary
Southwest Gas (SWX) Director Brian Sandoval Receives 1,725.574-Share Award
What Happened
- Brian E. Sandoval, a director of Southwest Gas Holdings, was granted 1,725.574 shares on February 19, 2026. The reported acquisition price is $0.00, so no cash was paid; the reported transaction value is $0.
- The filing reports the award as transaction code "A" (grant/award/other acquisition), indicating these shares were issued as compensation or an award rather than bought on the open market.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (appears timely under the two-business-day filing rule).
- Price per share: $0.00; reported total cash consideration: $0.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: the reported balance includes 11.726 shares acquired through exempt dividend reinvestment transactions.
- Transaction code: A (award/grant).
Context
- Equity awards to directors are common as part of compensation or retention programs and do not necessarily signal a personal purchase decision. The $0.00 price indicates these were granted, not purchased; no immediate sale was reported.