Justin Jones - 16 Mar 2026 Form 4 Insider Report for SOUTHWEST AIRLINES CO (LUV)

Role: EVP Operations
Signature: /s/ Claire Hoedebeck, on behalf of and as attorney-in-fact for Justin Jones
Issuer symbol: LUV
Transactions as of: 16 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2026, 17:57:43 UTC
Previous filing: 24 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Jones Justin	EVP Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS	/s/ Claire Hoedebeck, on behalf of and as attorney-in-fact for Justin Jones	17 Mar 2026	0002002693

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LUV	Common Stock	Award		+23,863	+45%	$0.000000^*	77,216	16 Mar 2026	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 March 21, 2027, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.