SOUTHWEST AIRLINES CO·4

Mar 17, 6:10 PM ET

Woods Lauren Tauscher 4

4 · SOUTHWEST AIRLINES CO · Filed Mar 17, 2026

Research Summary

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Southwest (LUV) EVP Lauren Tauscher Receives Restricted Stock Award

What Happened Lauren Tauscher, Executive Vice President & Chief Information Officer of Southwest Airlines Co. (LUV), was granted 18,950 restricted stock units (RSUs) on March 16, 2026. The Form 4 reports the acquisition price as $0 (an award/grant under the company equity plan). These RSUs are awards — not an open-market purchase or sale — and will convert to shares if and when they vest.

Key Details

  • Transaction type: Award/Grant (code A) of 18,950 RSUs
  • Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely)
  • Reported acquisition price/value: $0
  • Vesting: RSUs vest one-third annually beginning March 21, 2027 (per footnote); each vested RSU converts to one share of common stock
  • Plan: Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan (footnote F1)
  • Shares owned after transaction: not specified on this filing

Context RSU awards are a common form of executive compensation and reflect future entitlement to shares subject to vesting conditions; they do not represent an immediate purchase or sale of stock. Because these units vest over time (three annual installments starting in 2027), they provide a multi-year equity link to the company rather than an immediate market position.

Insider Transaction Report

Form 4
Period: 2026-03-16
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-16+18,95049,060.216 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.
Signature
/s/ Claire Hoedebeck, on behalf of and as attorney-in-fact for Lauren Tauscher Woods|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773785416.xmlPrimary

    FORM 4