FRANKLIN RESOURCES INC - 31 Dec 2025 SCHEDULE 13G/A Report for SOUTHWEST AIRLINES CO. Common Stock ($1.00 par value) (LUV)

Filing Manager
FRANKLIN RESOURCES INC
Reporting Manager
Franklin Resources, Inc.
Security
SOUTHWEST AIRLINES CO. Common Stock ($1.00 par value)
Symbol
LUV
Shares outstanding
515,391,410 shares
Disclosed Ownership
40,200,530 shares
Ownership
7.8%
Form type
SCHEDULE 13G/A
Filing time
29 Jan 2026, 11:35:21 UTC
Date of event
31 Dec 2025
Previous filing
05 Aug 2025
SEC
View on sec.gov

Reporting Managers (4)

Name Ownership Shares Owned sole voting power shared voting power Signature Title CIK
Franklin Resources, Inc. 7.8% 40,200,530 40,199,858 0 /s/Thomas C. Mandia Thomas C. Mandia, Assistant Secretary of Franklin Resources, Inc.
Charles B. Johnson 0% 0 0 0 /s/Thomas C. Mandia Attorney in Fact for Charles B. Johnson pursuant to Power of Attorney attached to this Schedule 13G
Rupert H. Johnson, Jr. 0% 0 0 0 /s/Thomas C. Mandia Attorney in Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney attached to this Schedule 13G
PUTNAM INVESTMENT MANAGEMENT LLC 6% 30,928,763 30,928,472 0 /s/James F. Clark James F. Clark, Chief Compliance Officer, Code of Ethics Officer and Assistant Secretary