Southwest Gas Holdings, Inc.
4.99%
3,600,000
1692115
844895102
Jan 26, 2026
Jan 29, 2026, 05:39 PM
Reporting Persons (11)
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Carl C. Icahn | Individual | 4.99% | 3,600,000 | 0 | 3,600,000 |
| Icahn Capital LP | Partnership | 4.99% | 3,600,000 | 0 | 3,600,000 |
| IPH GP LLC | Other | 4.99% | 3,600,000 | 0 | 3,600,000 |
| Icahn Enterprises Holdings L.P. | Partnership | 4.99% | 3,600,000 | 0 | 3,600,000 |
| Icahn Enterprises G.P. Inc. | CO | 4.99% | 3,600,000 | 0 | 3,600,000 |
| Beckton Corp. | CO | 4.99% | 3,600,000 | 0 | 3,600,000 |
| Icahn Partners LP | Partnership | 2.83% | 2,040,492 | 2,040,492 | 2,040,492 |
| Icahn Onshore LP | Partnership | 2.83% | 2,040,492 | 0 | 2,040,492 |
| Icahn Offshore LP | Partnership | 2.16% | 1,559,508 | 0 | 1,559,508 |
| Icahn Partners Master Fund LP | Partnership | 2.16% | 1,559,508 | 1,559,508 | 1,559,508 |
| IEP Utility Holdings LLC | Other | 0.00% | 0 | 0 | 0 |
Disclosure Items (3)
Common Stock, Par Value $1.00 per share
Southwest Gas Holdings, Inc.
C/O SOUTHWEST GAS CORPORATION, LAS VEGAS, NV, 89113
As of the date hereof, the Reporting Persons may be deemed to beneficially own, in the aggregate, 3,600,000 shares of Common Stock, representing approximately 4.99% of the Issuer's outstanding shares of Common Stock, based on 72,183,903 shares of Common Stock outstanding as of November 21, 2025, as disclosed by the Issuer in its prospectus supplement filed with the SEC on November 26, 2025.
Icahn Master has sole voting and sole dispositive power with respect to 1,559,508 shares of Common Stock. Each of Icahn Offshore, Icahn Capital, IPH GP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Master, has shared voting power and shared dispositive power with respect to such shares. Icahn Partners has sole voting and sole dispositive power with respect to 2,040,492 shares of Common Stock. Each of Icahn Onshore, Icahn Capital, IPH GP, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their relationships to Icahn Partners, has shared voting power and shared dispositive power with respect to such shares. IEP Utility has sole voting power and sole dispositive power and shared and shared dispositive power with respect to 0 shares of Common Stock; however, IEP Utility has been included in this Schedule 13D as it is a signatory to the 2025 Agreement.
Exhibit 1 attached hereto sets forth all transactions with respect to the Shares by any Reporting Person since January 21, 2026 (the date on which the last amendment to this Schedule 13D was filed with the SEC). Except as set forth Exhibit 1, no transactions in the shares of Common Stock were effected by any of the Reporting Persons during such period.
Not applicable.
As a result of the transactions reported in this Schedule 13D, as of January 29, 2026, the Reporting Persons ceased to be the beneficial owners of more than five percent of the Shares and are no longer subject to the reporting requirements of Rule 13d-1(a) of the Exchange Act.
1. Transactions in Shares