Roach Anthony 4

What Happened
Anthony Roach, EVP Customer & Brand at Southwest Airlines (LUV), had 2,179 shares disposed on 2026-03-21 as a tax-withholding/settlement (transaction code F). The shares were recorded at $39.41 each for a total value of $85,874. This was a withholding to cover tax liability, not an open-market sale.

Key Details

• Transaction date and price: 2026-03-21, 2,179 shares @ $39.41 each.
• Total value of shares withheld: $85,874.
• Transaction type/code: F — payment of exercise price or tax liability via share withholding.
• Footnote: F1 — holdings reflect exempt transactions under the Issuer's Retirement Savings Plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-03-24; the provided excerpt does not indicate a late filing.

Context
Code F transactions are typically routine tax-withholdings when options vest or awards are settled; shares are retained by the company to cover taxes rather than sold on the open market. Such withholdings are administrative and generally do not reflect a direct bullish or bearish signal about the executive's view of the company.