Southwest Airlines (NYSE: LUV) awards 7,598 RSUs to EVP & CIO
Rhea-AI Filing Summary
Woods Lauren Tauscher reported acquisition or exercise transactions in this Form 4 filing.
Southwest Airlines Co EVP & CIO Lauren Tauscher Woods reported an exempt grant of 7,598 restricted stock units representing common stock on August 5, 2026, at $0.00 per unit under the Amended and Restated 2007 Equity Incentive Plan. These RSUs vest one-third annually beginning August 21, 2027 and will deliver one share per unit upon vesting, bringing her direct holdings to 56,658.216 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,598 shares
Net Buy
1 txn
Insider
Woods Lauren Tauscher
Role
EVP & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 7,598 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 56,658.216 shares (Direct)
Footnotes (1)
- 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 August 21, 2027, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.
Key Figures
RSU grant: 7598.0000 units
Post-transaction holdings: 56658.2160 shares
Vesting start date: August 21, 2027
3 metrics
RSU grant
7598.0000 units
Restricted stock units granted August 5, 2026 under equity incentive plan
Post-transaction holdings
56658.2160 shares
Total direct Southwest Airlines common shares after reported award
Vesting start date
August 21, 2027
RSUs vest one-third of covered shares annually beginning on this date
Key Terms
restricted stock units, Amended and Restated 2007 Equity Incentive Plan, vesting
3 terms
restricted stock units financial
"Reflects the exempt acquisition of restricted stock units pursuant to the Southwest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated 2007 Equity Incentive Plan financial
"pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan"
vesting financial
"The restricted stock units will vest with respect to one-third of the shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Southwest Airlines (LUV) disclose for Lauren Tauscher Woods?
Southwest Airlines reported that EVP & CIO Lauren Tauscher Woods received an exempt grant of 7,598 restricted stock units on August 5, 2026. The award, at $0.00 per unit, was made under the Amended and Restated 2007 Equity Incentive Plan.
When do the RSUs granted to Lauren Tauscher Woods by Southwest Airlines (LUV) begin vesting?
The restricted stock units granted to Lauren Tauscher Woods will begin vesting on August 21, 2027. One-third of the covered shares vests annually starting on that date, with each vested unit entitling her to receive one share of Southwest Airlines common stock.
What kind of equity award did Southwest Airlines (LUV) grant to Lauren Tauscher Woods?
The award consists of restricted stock units granted under the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. These RSUs carry no exercise price, vest in three equal annual installments, and each vested unit converts into one share of common stock.
Was Lauren Tauscher Woods’s Southwest Airlines (LUV) Form 4 transaction under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox was not marked, indicating the RSU grant was not reported as made under a Rule 10b5-1 trading plan. It is disclosed as an exempt equity incentive award rather than an open-market trading plan transaction.