Atherton Lisa M 4

What Happened Lisa M. Atherton, a director of Southwest Airlines Co. (LUV), was granted 4,108 shares on 2026-05-07. The shares were reported as acquired at $0.00 per share (transaction code A = award/grant), meaning no cash was paid by the insider for these shares. This is a compensation award to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Price: $0.00 per share; Shares granted: 4,108 (code A — Award/Grant).
• Filing date: 2026-05-11 (filed within the two-business-day window following the transaction).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan details: None provided in the excerpt (vesting schedule or form of award not disclosed).
• Filing timeliness: Timely (not marked late).

Context Director awards are commonly part of board compensation and may be subject to vesting or other restrictions; the filing here does not specify vesting or whether shares are restricted. Such awards indicate compensation but do not necessarily reflect an insider buying additional shares with personal funds, so they convey different information than outright purchases or sales.