Jordan Robert E 4

What Happened Robert E. Jordan (CEO, President & Director) received a grant of 92,867 restricted stock units (RSUs) on 2026-03-16. The RSUs were recorded at $0.00 (exempt acquisition) and are not an open‑market purchase or sale; they represent an award under the company's equity plan and will convert to common shares as they vest.

Key Details

• Transaction date and type: 2026-03-16 — Grant/Award of 92,867 RSUs at $0.00.
• Vesting: Per footnote, the RSUs vest one‑third annually, beginning March 21, 2027; each vested RSU converts to one share of common stock.
• Holdings after transaction: The filing does not specify total beneficial ownership following this grant; the filing notes some holdings reflect exempt transactions under the Issuer’s Retirement Savings Plan (F2).
• Plan/authority: Award made pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan (F1).
• Filing timeliness: Report filed 2026-03-17 for a 2026-03-16 transaction (appears timely).

Context This was an equity award (compensation) rather than a market purchase or sale, so it does not directly signal the insider buying or selling stock. RSU grants are common executive compensation and only convert to actual shares later as they vest; any market impact or insider selling would occur when shares vest and/or are sold.