Southwest Airlines (NYSE: LUV) grants CFO 6,316 restricted stock units
Rhea-AI Filing Summary
Doxey Tom reported acquisition or exercise transactions in this Form 4 filing.
Southwest Airlines reported that EVP and Chief Financial Officer Tom Doxey received a grant of 6,316 restricted stock units that will settle in common stock under its Amended and Restated 2007 Equity Incentive Plan. The units vest one-third annually beginning August 21, 2027, leaving him with 111,116 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,316 shares
Net Buy
1 txn
Insider
Doxey Tom
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,316 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 111,116 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
RSUs granted: 6,316 shares
Direct holdings after grant: 111,116 shares
Vesting start date: August 21, 2027
3 metrics
RSUs granted
6,316 shares
Restricted stock units granted to CFO Tom Doxey on 2026-08-05
Direct holdings after grant
111,116 shares
Common shares directly owned by Tom Doxey after the reported award
Vesting start date
August 21, 2027
First vesting date for one-third of the restricted stock units
Key Terms
restricted stock units, Amended and Restated 2007 Equity Incentive Plan, exempt acquisition
3 terms
restricted stock units financial
"Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co."
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."
exempt acquisition regulatory
"Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Southwest Airlines (LUV) report for CFO Tom Doxey?
Southwest Airlines reported that CFO Tom Doxey received an equity award of 6,316 restricted stock units. These units were granted under the company’s Amended and Restated 2007 Equity Incentive Plan and will settle in shares of Southwest common stock as they vest.
How many restricted stock units did Tom Doxey receive from Southwest Airlines (LUV) and at what price?
Tom Doxey received 6,316 restricted stock units, reported at a per-share price of $0.00 as a compensation grant. The award is described as an exempt acquisition under Southwest’s equity incentive plan, rather than an open-market purchase or sale of stock.
When do Tom Doxey’s new Southwest Airlines (LUV) restricted stock units vest?
The 6,316 restricted stock units granted to Tom Doxey vest in three equal installments, one-third annually, beginning on August 21, 2027. Each vested restricted stock unit will entitle him to receive one share of Southwest Airlines common stock.
Was the Southwest Airlines (LUV) CFO equity grant made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, indicating this grant was not reported as made under a 10b5-1 trading plan. It is characterized instead as an exempt compensation-related award under the company’s equity incentive plan.