Woods Lauren Tauscher 4

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.