Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated with a simple cabin configuration in a point-to-point network. In early 2026, Southwest modified its cabins to offer some rows with extra legroom, its ticketing process and merchandising to offer assigned seats, and more fare categories to include a basic economy class that appears for the first time in travel aggregators' search results and more directly competes with other airlines' offerings.
| Form 4 transaction type | Transactions | Shares | Total value |
|---|---|---|---|
| Grant or award | 8 | 70,878 | |
| Tax withholding / forfeiture | 1 | 179 |
Dollar totals are shown for open-market purchases and sales only. Grants, option exercises, gifts and tax withholding are reported by share count because they are not trades at a market price.
57 Form 4 filings on record, the earliest from Oct 2, 2024, newest first. Filing history page 2 of 2.
| Date | Insider | Transaction | Security | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jimmy Ryan Martinez - Officer | Tax withholding / forfeiture | Common Stock | 2,755 | $52.09 | $144K | |
| Anthony Roach - Officer | Tax withholding / forfeiture | Common Stock | 3,658 | $52.09 | $191K | |
| Andrew M. Watterson - Officer | Tax withholding / forfeiture | Common Stock | 17,942 | $52.09 | $935K | |
| Lauren Tauscher Woods - Officer | Tax withholding / forfeiture | Common Stock | 4,585 | $52.09 | $239K | |
| Jimmy Ryan Martinez - Officer | Tax withholding / forfeiture | Common Stock | 68 | $31.07 | $2K | |
| Andrew M. Watterson - Officer | Other | Common Stock | 17,926 | $31.31 | $561K | |
| Sarah Feinberg - Director | Open-market purchase | Common Stock | 1,300 | $30.01 | $39K | |
| Sarah Feinberg - Director | Open-market purchase | Common Stock | 200 | $30.01 | $6K | |
| Open-market purchase | Common Stock | 600 | $30.03 | $18K | ||
| Open-market purchase | Common Stock | 2,745 | $30.03 | $82K | ||
| Grant or award | Common Stock | 5,418 | $0.00 | - | ||
| Douglas H. Brooks - Director | Grant or award | Common Stock | 5,418 | $0.00 | - | |
| Grant or award | Common Stock | 5,418 | $0.00 | - | ||
| Rakesh Gangwal - Director | Grant or award | Common Stock | 5,418 | $0.00 | - | |
| Robert L. Fornaro - Director | Grant or award | Common Stock | 5,418 | $0.00 | - | |
| Open-market purchase | Common Stock | 3,670 | $27.29 | $100K | ||
| Open-market purchase | Common Stock | 7,500 | $26.52 | $199K | ||
| Linda B. Rutherford - Officer | Open-market sale | Common Stock | 3,849 | $34.40 | $132K | |
| David Grissen - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| C. David Cush - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| Pierre R. Breber - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| Patricia A. Watson - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| Sarah Feinberg - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| Robert L. Fornaro - Director | Grant or award | Common Stock | 4,011 | $0.00 | - | |
| Grant or award | Common Stock | 4,011 | $0.00 | - | ||
| Elliott Investment Management L.P. - 10% Owner | Open-market sale | Common Stock, par value $1.00 per share ("Common Stock") | 1,203,920 | $29.83 | $35.91M | |
| Elliott Investment Management L.P. - 10% Owner | Other | Notional Principal Amount Derivative Agreements | 1 | - | - | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 200 | $29.40 | $6K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 7,622 | $29.40 | $224K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 3,352 | $29.41 | $99K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 22,756 | $29.41 | $669K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 9,123 | $29.42 | $268K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 29,630 | $29.42 | $872K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 11,959 | $29.43 | $352K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 38,495 | $29.43 | $1.13M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 76,578 | $29.44 | $2.25M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 40,306 | $29.44 | $1.19M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 74,809 | $29.45 | $2.20M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 17,128 | $29.45 | $504K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 9,566 | $29.46 | $282K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 68,921 | $29.46 | $2.03M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 18,886 | $29.47 | $556K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 85,978 | $29.47 | $2.53M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 48,098 | $29.48 | $1.42M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 155,797 | $29.48 | $4.59M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 200 | $29.48 | $6K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 114,254 | $29.49 | $3.37M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 59,847 | $29.49 | $1.76M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 100,357 | $29.50 | $2.96M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 106,056 | $29.50 | $3.13M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 23,032 | $29.51 | $680K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 12,450 | $29.51 | $367K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 9,525 | $29.52 | $281K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 34,505 | $29.52 | $1.02M | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 2,248 | $29.53 | $66K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 400 | $29.54 | $12K | |
| Rakesh Gangwal - Director | Open-market purchase | Common Stock | 2,820 | $29.55 | $83K | |
| Open-market purchase | Common Stock | 33,921 | $29.52 | $1.00M | ||
| Gift | Common Stock | 84,212 | $0.00 | - | ||
| Gift | Common Stock | 84,212 | $0.00 | - | ||
| Robert E. Jordan - Officer | Other | Common Stock | 97,872 | $29.63 | $2.90M |
SOUTHWEST AIRLINES CO (LUV) had 9 insider filings in the last 90 days, with the most recent on 2026-08-25. The full record for LUV runs to 57 Form 4 filings, the earliest from 2024-10-02. InsiderAlpha tracks every Form 4, Form 144, and 8-K filing in real time.
No insider purchases of LUV were filed in the last 90 days. 37 purchases are on record for this company.
No insider sales of LUV were filed in the last 90 days. 3 sales are on record for this company.
This page tracks LUV Form 4 insider transactions, Form 144 sale notices, and 8-K material event disclosures in one timeline. Annual 10-K and quarterly 10-Q reports live on the company's SEC EDGAR page.
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Every Form 4 below links to the original document on SEC EDGAR, so the numbers on this page can be checked against the filing they came from.
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