LUV · Insider Trading
Southwest Airlines Co.
Every open-market purchase and sale reported by LUV officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-09-17 | Jimmy Ryan Martinez | Principal Accounting Officer | A | +2,697 | — |
| 2026-08-25 | Jimmy Ryan Martinez | Principal Accounting Officer | F | −179 | −$7.23K |
| 2026-08-11 | Varun Krishna | Director | A | +3,787 | — |
| 2026-08-11 | Jason T Liberty | Director | A | +3,787 | — |
| 2026-08-07 | Lauren Tauscher Woods | EVP & CIO | A | +7,598 | — |
| 2026-08-07 | Tom Doxey | EVP, Chief Financial Officer | A | +6,316 | — |
| 2026-08-07 | Robert E Jordan | CEO & President | A | +28,321 | — |
| 2026-08-07 | Justin Jones | EVP & Chief Commercial Officer | A | +8,568 | — |
| 2026-08-07 | Andrew M Watterson | Chief Operating Officer | A | +2,995 | — |
| 2026-08-07 | Anthony Roach | Chief Customer & Brand Officer | A | +9,506 | — |
| 2026-08-07 | Andrew M Watterson | Chief Operating Officer | A | +2,995 | — |
| 2026-08-07 | Justin Jones | EVP & Chief Commercial Officer | A | +8,568 | — |
| 2026-08-07 | Anthony Roach | Chief Customer & Brand Officer | A | +9,506 | — |
| 2026-08-07 | Lauren Tauscher Woods | EVP & CIO | A | +7,598 | — |
| 2026-08-07 | Tom Doxey | EVP, Chief Financial Officer | A | +6,316 | — |
| 2026-08-07 | Robert E Jordan | CEO & President | A | +28,321 | — |
| 2026-05-11 | Lisa M Atherton | Director | A | +4,108 | — |
| 2026-05-11 | Patricia A Watson | Director | A | +4,108 | — |
| 2026-05-11 | Christopher P. Reynolds | Director | A | +4,108 | — |
| 2026-05-11 | David P Hess | Director | A | +4,108 | — |
| 2026-05-11 | David Grissen | Director | A | +4,108 | — |
| 2026-05-11 | Robert L Fornaro | Director | A | +4,108 | — |
| 2026-05-11 | Sarah Feinberg | Director | A | +4,108 | — |
| 2026-05-11 | Pierre R Breber | Director | A | +4,108 | — |
| 2026-05-11 | Douglas H Brooks | Director | MIXED | +436 | — |
| 2026-04-08 | Lisa M Atherton | Director | Sell | −118 | −$4.48K |
| 2026-03-24 | Tom Doxey | EVP, Chief Financial Officer | F | −11,447 | −$451.13K |
| 2026-03-24 | Anthony Roach | EVP Customer & Brand | F | −2,179 | −$85.87K |
| 2026-03-17 | Anthony Roach | EVP Customer & Brand | A | +22,058 | — |
| 2026-03-17 | Tom Doxey | EVP, Chief Financial Officer | A | +28,199 | — |
| 2026-03-17 | Justin Jones | EVP Operations | A | +23,863 | — |
| 2026-03-17 | Lauren Tauscher Woods | EVP & CIO | A | +18,950 | — |
| 2026-03-17 | Andrew M Watterson | Chief Operating Officer | A | +35,092 | — |
| 2026-03-17 | Jimmy Ryan Martinez | Principal Accounting Officer | A | +7,294 | — |
| 2026-03-17 | Robert E Jordan | CEO & President | A | +92,867 | — |
| 2026-02-24 | Lauren Tauscher Woods | EVP & CIO | F | −4,585 | −$238.83K |
| 2026-02-24 | Andrew M Watterson | Chief Operating Officer | F | −17,942 | −$934.60K |
| 2026-02-24 | Anthony Roach | EVP Customer & Brand | F | −3,658 | −$190.55K |
| 2026-02-24 | Jimmy Ryan Martinez | Principal Accounting Officer | F | −2,755 | −$143.51K |
| 2026-02-24 | Robert E Jordan | CEO & President | F | −38,742 | −$2.02M |
| 2026-02-24 | Justin Jones | EVP Operations | F | −8,507 | −$443.13K |
| 2025-12-08 | Justin Jones | EVP Operations | Sell | −8,085 | −$302.06K |
| 2025-08-25 | Jimmy Ryan Martinez | Principal Accounting Officer | F | −68 | −$2.11K |
| 2025-08-19 | Andrew M Watterson | Chief Operating Officer | I | +17,926 | +$561.26K |
| 2025-08-07 | Gregg A Saretsky | Director | Buy | +3,345 | +$100.45K |
| 2025-08-07 | Sarah Feinberg | Director | Buy | +1,500 | +$45.01K |
| 2025-05-16 | David Grissen | Director | A | +5,418 | — |
| 2025-05-16 | Rakesh Gangwal | Director | A | +5,418 | — |
| 2025-05-16 | Gregg A Saretsky | Director | A | +5,418 | — |
| 2025-05-16 | Patricia A Watson | Director | A | +5,418 | — |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Elliott Investment Management L.P. | 10%+ Owner | 59,912,580 | $2.52B |
| Rakesh Gangwal | Director | 3,611,729 | $151.80M |
| Robert E Jordan | CEO & President | 647,823 | $27.23M |
| Tammy Romo | EVP & CFO | 285,858 | $12.01M |
| Andrew M Watterson | Chief Operating Officer | 227,941 | $9.58M |
| Linda B. Rutherford | Chief Administration Officer | 120,933 | $5.08M |
| Tom Doxey | EVP, Chief Financial Officer | 111,116 | $4.67M |
| Ryan C. Green | EVP Chief Transformation Ofr. | 92,936 | $3.91M |
| Justin Jones | EVP & Chief Commercial Officer | 85,784 | $3.61M |
| Douglas H Brooks | Director | 80,115 | $3.37M |
| Anthony Roach | Chief Customer & Brand Officer | 73,257 | $3.08M |
| Pierre R Breber | Director | 57,537 | $2.42M |
| Lauren Tauscher Woods | EVP & CIO | 56,658 | $2.38M |
| David P Hess | Director | 32,682 | $1.37M |
| Jimmy Ryan Martinez | Principal Accounting Officer | 28,862 | $1.21M |
| Christopher P. Reynolds | Director | 28,440 | $1.20M |
| C. David Cush | Director | 24,429 | $1.03M |
| Gregg A Saretsky | Director | 23,644 | $993.76K |
| Patricia A Watson | Director | 22,048 | $926.68K |
| Sarah Feinberg | Director | 18,605 | $781.97K |
| Lisa M Atherton | Director | 15,648 | $657.69K |
| Robert L Fornaro | Director | 13,537 | $568.96K |
| David Grissen | Director | 13,537 | $568.96K |
| Varun Krishna | Director | 3,787 | $159.17K |
| Jason T Liberty | Director | 3,787 | $159.17K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the LUV quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.