Doxey Tom 4

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.