Southwest Airlines (LUV) director Varun Krishna receives 3,787-share equity award

Rhea-AI Filing Summary

Southwest Airlines Co. director Varun Krishna reported an acquisition of common stock through an equity award. On 2026-08-10, he received 3,787 shares of common stock coded as a grant, award, or other acquisition at a reported price of $0.00 per share. Following this award, his directly held common stock position stands at 3,787 shares.

Insider Trade Summary

Net Buyer: 3,787 shares

Net Buy 1 txn

Insider Krishna Varun

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,787	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,787 shares (Direct)

Key Figures

Shares granted: 3,787 shares Transaction price per share: $0.00 per share Holdings after transaction: 3,787 shares

3 metrics

Shares granted 3,787 shares Equity award of common stock on 2026-08-10

Transaction price per share $0.00 per share Reported for the 3,787-share grant, coded as a grant/award

Holdings after transaction 3,787 shares Directly owned Southwest Airlines common stock following the award

Key Terms

Grant, award, or other acquisition, non-derivative, Form 4

3 terms

Grant, award, or other acquisition financial

"coded as a grant, award, or other acquisition of common stock"

non-derivative financial

"The filing shows a single non-derivative transaction"

Form 4 regulatory

"reported in this Form 4 as an insider transaction"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/11/2026 - 04:34 PM Accepted by SEC EDGAR 08/11/2026 - 04:33 PM Learn about SEC filing dates

FAQ

What insider transaction did Southwest Airlines (LUV) director Varun Krishna report?

Varun Krishna reported an equity award of 3,787 shares of Southwest Airlines common stock on 2026-08-10. The transaction was coded as a grant, award, or other acquisition rather than an open-market purchase.

How many Southwest Airlines (LUV) shares does Varun Krishna hold after this Form 4?

After the reported transaction, Varun Krishna directly holds 3,787 shares of Southwest Airlines common stock. The entire reported balance reflects the grant of 3,787 shares disclosed for 2026-08-10.

Was cash paid for the Southwest Airlines (LUV) shares granted to Varun Krishna?

The award to Varun Krishna lists a transaction price of $0.00 per share, indicating the 3,787 shares were received as a grant or award rather than purchased for cash in the market.

Is the Varun Krishna Southwest Airlines (LUV) Form 4 transaction a buy or a sale?

The Form 4 for Varun Krishna reports an acquisition, not a sale. It is coded as a grant, award, or other acquisition (transaction code A) of 3,787 common shares, with no shares disposed.

Does the Varun Krishna Southwest Airlines (LUV) Form 4 involve derivative securities?

No derivative securities are reported in this Form 4. The filing shows a single non-derivative transaction: a grant of 3,787 shares of common stock directly owned after the transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krishna Varun

(Last) (First) (Middle)

2702 LOVE FIELD DRIVE

HDQ 4G

(Street)

DALLAS TEXAS 75235

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOUTHWEST AIRLINES CO [ LUV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/10/2026		A		3,787	A	$0	3,787	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Claire Hoedebeck, on behalf of and as attorney-in-fact for Varun Krishna	08/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)