Watterson Andrew M 4
4 · SOUTHWEST AIRLINES CO · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Southwest (LUV) COO Andrew Watterson Receives Award
What Happened Andrew M. Watterson, Chief Operating Officer of Southwest Airlines Co. (LUV), was granted 35,092 restricted stock units (RSUs) on March 16, 2026. The Form 4 reports the award at $0.00 (an exempt grant rather than a purchase or sale). These RSUs convert to one share of common stock for each RSU upon vesting.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-17 (timely filing).
- Grant reported as 35,092 RSUs at $0.00 (exempt award).
- Vesting: one-third of the RSUs vest annually, beginning March 21, 2027 (per footnote).
- Shares owned after the transaction: not specified in the provided excerpt; footnote notes some holdings reflect exempt Retirement Savings Plan transactions.
- Footnotes: F1 describes the RSU grant and vesting schedule; F2 notes holdings include exempt transactions under the Issuer’s Retirement Savings Plan.
Context This was a compensation award (A = award/grant), not a market purchase or sale. RSU grants are common executive compensation and only become actual shares as they vest, so they do not by themselves signal immediate insider buying or selling.
Insider Transaction Report
Form 4
Watterson Andrew M
Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-03-16+35,092→ 206,845 total
Holdings
- 18,105(indirect: By Retirement Savings Plan)
Common Stock
[F2]
Footnotes (2)
- [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.
- [F2]Holdings reflect exempt transactions under the Issuer's Retirement Savings Plan.
Signature
/s/ Claire Hoedebeck, on behalf of and as attorney-in-fact for Andrew M. Watterson|2026-03-17