Southwest Gas (SWX) Director Conley Receives 2,588-Share Award

What Happened

• Conley E. Renae, a director of Southwest Gas Holdings, received an award/acquisition of 2,588.361 shares on 2026-02-19. The shares were reported at $0.00 per share (total cash paid $0).
• The filing notes that 165.188 of the shares were acquired through exempt dividend reinvestment transactions.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (filed within the typical 2-business-day window).
• Transaction type/code: A (award/grant/acquisition); price reported $0.00; total cash = $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — balance includes 165.188 shares acquired through exempt dividend reinvestment transactions.
• No indication in the filing of a 10b5-1 plan, sale, or tax-withholding disposition related to this entry.

Context

• Grants or awards at $0 are typically compensation or transfer-related events (including reinvested dividends) rather than open-market purchases or sales; they do not necessarily signal buying interest.
• Dividend reinvestment shares are exempt transactions that increase holdings without an open-market trade.