Southwest Gas Corp. (SWX) has provided an announcement.
Southwest Gas Holdings, Inc. has implemented the 2024 Omnibus Incentive Plan following stockholder approval, which includes forms of Restricted Stock Unit and Performance Stock Unit Award Agreements for officers and directors. The plan outlines specific vesting schedules and performance goals tied to the company’s financial metrics, with provisions for immediate vesting in certain situations, such as the public offering of a subsidiary. The compensation committee has the authority to adjust awards based on various corporate events and executive service continuity, ensuring alignment with the company’s success and strategic objectives.
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