Doxey Tom 4
4 · SOUTHWEST AIRLINES CO · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Southwest Airlines (LUV) CFO Tom Doxey Receives RSU Award
What Happened
Tom Doxey, Chief Financial Officer of Southwest Airlines Co. (LUV), was granted 28,199 restricted stock units (RSUs) on March 16, 2026. The Form 4 lists the acquisition as type "A" at $0.00 per unit (no cash exchanged). These RSUs will convert to common shares if and when they vest.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-17.
- Transaction type/code: Grant/Award (A) — 28,199 RSUs @ $0.00; total cash paid reported = $0.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote (F1): The RSUs vest one‑third annually, beginning March 21, 2027; each vested RSU entitles the holder to one share of common stock.
- Timeliness: Filing was submitted one day after the transaction (appears timely).
Context
RSU grants are a form of compensation, not an outright purchase; they become actual shares only as they vest and are subject to plan restrictions. Such awards are common for executives and do not by themselves signal buying or selling intent. For trading implications, purchases or open-market sales typically carry more direct market sentiment than grants.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-16+28,199→ 116,247 total
Footnotes (1)
- [F1]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, 2027, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.