Pineda Fabio A 4

What Happened
Fabio A. Pineda, VP / Controller / CAO of Southwest Gas Holdings, received an award of 1,213.852 restricted stock units (RSUs) on February 19, 2026. The grant is reported at an acquisition price of $0.00 (typical for RSU awards); the filing shows no immediate cash purchase or sale. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-19 (Grant/Award; code A)
• Amount: 1,213.852 RSUs; Price reported: $0.00; Reported value: $0
• Filing date: 2026-02-23 (filed within the standard 2 business‑day window)
• Shares owned after transaction: Not reported in the filing
• Footnote: Each RSU represents the contingent right to one share; vesting in three annual installments (40%, 30%, 30%) assuming continued service (Footnote F1)

Context
RSUs are a common form of executive compensation that convert to actual shares (or sometimes cash) as they vest; they are not an open‑market purchase and do not by themselves signal insider buying/selling intent. Vesting terms (40%/30%/30%) mean the award will translate to shares over the next three years if service requirements are met.