Tom Doxey - Mar 14, 2025 Form 4 Insider Report for SOUTHWEST AIRLINES CO (LUV)

Role: EVP, Chief Financial Officer
Signature: /s/ Tim Whisler, on behalf of and as attorney-in-fact for Tom Doxey
Stock symbol: LUV
Transactions as of: Mar 14, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/18/2025, 05:00 PM
Previous filing: Mar 10, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUV	Common Stock	Award	$0	+47.3K		$0.00	47.3K	Mar 14, 2025	Direct	F1
transaction	LUV	Common Stock	Award	$0	+40.8K	+86.25%	$0.00	88K	Mar 14, 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the exempt acquisition of restricted stock units as a sign on bonus pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on March 21, 2026, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
F2	Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on March 21, 2026, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

Content

Reflects the exempt acquisition of restricted stock units as a sign on bonus pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on March 21, 2026, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on March 21, 2026, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.