Not independent
Tenure on this board
0.2 yrs
Meeting calendar
SWX · Annual meeting · Thursday, May 7, 2026
Southwest Gas Holdings Inc
11 nominees · 3 ballot items.
Election of eleven directors; advisory approval of executive compensation (Say-on-Pay); ratification of PricewaterhouseCoopers LLP as independent auditor; and transaction of other business at the annual meeting.
Market cap
$6.7B
1Y TSR
+20.4%
Board grade
C+
Record date
Mar 9, 2026
Filing
DEF 14A
Meeting concluded · May 7, 2026
Follow how the vote landed and what changed on Southwest Gas Holdings Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect eleven directors to the Board to hold office until the next annual meeting or until successors are elected and qualified.
- 2
Advisory Vote to Approve the Company’s Executive Compensation
ManagementBoard: FORNon-binding, advisory vote (Say-on-Pay) to approve the Company’s executive compensation as disclosed in the proxy statement.
More detail
This management proposal requests a non-binding advisory approval of the company’s executive compensation disclosures and program (Say-on-Pay). Management seeks shareholder approval to validate its compensation decisions, demonstrate alignment with pay-for-performance principles, and maintain continuity in its compensation governance, including use of performance-based PSUs, time-lapse RSUs, and annual incentives tied to utility adjusted net income and operational metrics. The Board is recommending support, citing the Compensation Committee’s oversight, benchmarking to peers, substantial at-risk pay, clawback policy, and recent investor engagement that led to disclosure enhancements and limited use of special awards. The request is routine but carries governance signaling value—management will consider the voting outcome in future compensation design. The proxy text clarifies the vote is advisory and nonbinding, and describes the compensation program design elements and the Compensation Committee’s role in administering pay to align with long-term stockholder interests.
- 3
Ratification of Selection of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2026.
Director elections
Nominees on the ballot11
Independent
Tenure on this board
0.2 yrs
Independent
Tenure on this board
4.5 yrs
Also a director at
Txnm Energy Inc (TXNM)
Independent
Tenure on this board
4.2 yrs
Also a director at
Centuri Holdings Inc (CTRI)Air Products & Chemicals Inc (APD)
Independent
Tenure on this board
0.2 yrs
Independent
Tenure on this board
7.5 yrs
Also a director at
Unitil Corp (UTL)
Independent
Tenure on this board
4.2 yrs
Independent
Tenure on this board
4.5 yrs
Also a director at
Penn Entertainment Inc (PENN)
Independent
Tenure on this board
1.2 yrs
Also a director at
Scotts Miracle-gro Co (SMG)
Ruby Sharma
Independent
Tenure on this board
New nominee
Independent
Tenure on this board
7.5 yrs
Also a director at
Perdoceo Education Corp (PRDO)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 8.8% | 6,393,276 | $556M |
| 2 | FMR LLC | 6.4% | 4,644,600 | $404M |
| 3 | Corvex Management LPActivist | 6.0% | 4,318,161 | $375M |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.3% | 3,855,767 | $335M |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 4.2% | 3,008,299 | $261M |
| 6 | BlackRock, Inc. | 3.6% | 2,574,324 | $224M |
| 7 | STATE STREET CORP | 3.3% | 2,421,535 | $210M |
| 8 | MAVERICK CAPITAL LTD | 2.9% | 2,126,927 | $185M |
| 9 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.0% | 1,475,000 | $128M |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 1.9% | 1,403,218 | $122M |
Peers
Nearest market capOther Utilities sector meetings6
Upcoming shareholder meetings at Southwest Gas Holdings Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Ormat Technologies IncORA
Annual meeting·Jun 2, 2026·$6.7B
Clearway Energy IncCWEN
Annual meeting·Apr 29, 2026·$7.1B
Txnm Energy IncTXNM
Annual meeting·Jun 10, 2026·$6.3B
Portland General Electric CoPOR
Annual meeting·Apr 24, 2026·$6.0B
Black Hills CorpBKH
Annual meeting·Apr 29, 2026·$5.6B
Oklo IncOKLO
Annual meeting·Jun 3, 2026·$7.9B
Reference
Frequently asked questions
- When is the Southwest Gas Holdings Inc 2026 annual meeting?
- Southwest Gas Holdings Inc (SWX) holds its 2026 annual shareholder meeting on Thursday, May 7, 2026.
- What is the record date for the Southwest Gas Holdings Inc 2026 meeting?
- The record date for the Southwest Gas Holdings Inc 2026 meeting is Monday, March 9, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Southwest Gas Holdings Inc's 2026 meeting?
- The board is presenting 11 director nominees at the Southwest Gas Holdings Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Southwest Gas Holdings Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Southwest Gas Holdings Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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