Feinberg Sarah 4

What Happened
Sarah Feinberg, a director of Southwest Airlines Co. (ticker: LUV), was granted 4,108 shares on May 7, 2026. The Form 4 reports the transaction as an award/grant (transaction code A) at $0.00 per share (reported acquisition value $0). This was an acquisition/award—not a sale or disposition.

Key Details

• Transaction date: 2026-05-07
• Transaction type/code: Grant/Award (A)
• Shares granted: 4,108
• Price per share reported on Form 4: $0.00; reported acquisition value: $0
• Shares owned after transaction: not specified in the provided filing summary
• Form 4 filed: 2026-05-11 — appears to be filed on the second business day after the transaction (timely)
• Footnotes/plan details: None provided in the summary (no 10b5-1, tax withholding, or sale noted)

Context
Director grants are typically part of compensation (e.g., restricted stock or RSUs) and often vest over time; this filing does not specify vesting terms or whether the award is restricted. Because this was an award rather than a sale, it adds to Feinberg’s holdings but does not indicate any immediate market action.