Timperley Amy L. 4

What Happened

• Amy L. Timperley, Senior Vice President & Chief Regulatory & Public Affairs of Southwest Gas Holdings (SWX), received two awards on Feb 19, 2026 totaling 7,147.087 restricted stock units (2,823.991 and 4,323.096 RSUs).
• Both awards were recorded at $0.00 per share on Form 4 (award/grant code A). The Form 4 does not list a cash purchase price; fair value or grant-date dollar value is not stated in the provided excerpt.
• This is an equity award (not a market purchase or sale) and is generally neutral — it reflects company compensation rather than an open-market trade.

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely filing).
• Quantity: 2,823.991 RSUs + 4,323.096 RSUs = 7,147.087 RSUs; Price reported: $0.00 (award).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes from the filing:
  • F1: Each RSU is a contingent right to one share; time-based RSUs vest in three annual installments (40%, 30%, 30%) assuming continued service.
  • F2: Performance Stock Units are delivered three years after grant if performance goals are satisfied.
• Transaction code: A = Grant/award.

Context

• Restricted stock units (RSUs) give the holder the right to receive shares in the future if vesting or performance conditions are met; they are common long-term compensation for executives and do not indicate immediate buying or selling activity.
• The performance units included will only convert to shares if company performance targets are met and are typically paid out after the performance period (here, indicated as three years).