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AI brief of an SEC Form 8-K · Southwest Gas (SWX)

Southwest Gas director Andrew Teno resigns; board to shrink from 11 to 10 seats

Neutral Impact 3 of 5 leadership Written later

Director Andrew Teno resigned from the Southwest Gas board effective immediately on December 31, 2025. He had served since May 6, 2022, as one of the Icahn Group's designated directors under the October 14, 2025 Cooperation Agreement. The filing says the Icahn Group does not currently intend to appoint a replacement, so the board plans to reduce its size from 11 to 10 members. The filing states that Teno's resignation was not due to any disagreement with the company on financial statements, operations, policies or practices.

Key points

  • Andrew Teno resigned from the board effective immediately on December 31, 2025, after serving since May 6, 2022.
  • Teno was one of the Icahn Group's designated directors under the Cooperation Agreement dated October 14, 2025.
  • The Icahn Group has notified the company it does not currently intend to appoint a Replacement Designee; the board intends to reduce its size from 11 to 10.
  • Ruby Sharma is expected to replace Teno on the Strategic Transactions Committee; the company does not intend to replace him on the Compensation Committee at this time.

The filing

CompanySouthwest Gas (SWX)
Form8-K, current report
Filed with the SECJan 2, 2026, 4:05 PM ET
Accession number0001193125-26-000920

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.