Key facts
- This page summarizes Gary C. Kelly's Form 4 filing for SOUTHWEST AIRLINES CO (LUV).
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 02 Oct 2024, 16:16.
Gary C. Kelly - 30 Sep 2024 Form 4 Insider Report for SOUTHWEST AIRLINES CO (LUV)
- Reporting relationship
- Executive Chairman, Director
- Issuer ticker
- LUV
- Reported as of
- 30 Sep 2024
- Net transaction value
- +$1,001,348
- SEC form
- 4
- Accepted by SEC
- 02 Oct 2024, 16:16:43 UTC
- Prior SEC filing
- 01 Jul 2024
- Next SEC filing
- 02 Jan 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Tim Whisler, on behalf of and as attorney-in-fact for Gary C. Kelly
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gary C. Kelly filed Form 4 for SOUTHWEST AIRLINES CO (LUV) on 02 Oct 2024.
Change
- Previous filing in this sequence was filed on 01 Jul 2024.
- Current net transaction value: +$1,001,348.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LUV
transaction
Common Stock
Purchase
- Transaction value
- $1,001,348
- Shares
- +33,921
- Change %
- +30%
- Price
- $29.52
- Shares after
- 146,410
- Date
- 30 Sep 2024
- Ownership
- Direct
LUV
transaction
Common Stock
Gift
- Transaction value
- $0
- Shares
- -84,212
- Change %
- -53%
- Price
- $0.000000
- Shares after
- 74,520
- Date
- 30 Sep 2024
- Ownership
- By Family Limited Partnership
- Footnotes
- F1, F2, F3
LUV
transaction
Common Stock
Gift
- Transaction value
- $0
- Shares
- +84,212
- Change %
- +26%
- Price
- $0.000000
- Shares after
- 404,794
- Date
- 30 Sep 2024
- Ownership
- By Family Trust 2
- Footnotes
- F1, F2, F4
LUV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 368,106
- Date
- 30 Sep 2024
- Ownership
- By Family Trust
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
On September 30, 2024, as part of his estate planning, the reporting person made a gift of the reporting person's limited partnership interest in a family limited partnership (the "Family Limited Partnership") to a trust for the reporting person's spouse and her descendants (the "Spousal Trust"). The reporting person's spouse is trustee of the Spousal Trust.
Footnote F2
After the transaction, the sole general partner of the Family Limited Partnership continues to be a limited liability company (the "Family Limited Liability Company") that is wholly owned by the reporting person and his spouse and the sole limited partners of the Family Limited Partnership are (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) the Spousal Trust, and (c) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").
Footnote F3
Includes (a) 70,293 shares indirectly held through the total Spousal LP Interest in the Family Limited Partnership, and (b) 4,227 shares indirectly held through the Family Limited Liability Company's general partnership interest in the Family Limited Partnership.
Footnote F4
Includes shares indirectly held through the Spousal Trust, including (a) 199,794 shares held as a result of the Spousal Trust's limited partnership interest in the Family Limited Partnership and (b) 205,000 other shares held by the Spousal Trust.
Footnote F5
Includes shares indirectly held through the Reporting Person Trust, including (a) 148,348 shares held as a result of the Reporting Person Trust's limited partnership interest in the Family Limited Partnership and (b) 219,758 shares held by the Reporting Person Trust.