Form 4: Southwest Airlines Director Sarah Feinberg Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Director Sarah Feinberg of Southwest Airlines reported acquiring 4,011 shares and disposing of 6,811 shares indirectly held through a domestic partner.

Summary

  • Sarah Feinberg, a director at Southwest Airlines, filed a Form 4 disclosing changes in her beneficial ownership of the company's stock.
  • On November 21, 2024, Ms. Feinberg acquired 4,011 shares of common stock at a price of $0.
  • She also disposed of 6,811 shares of common stock indirectly held through a domestic partner.
  • Following these transactions, Ms. Feinberg directly owns 4,011 shares and indirectly owns 268 shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing of stock transactions by a company director, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing for a director's stock transactions and is common practice for publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders in publicly traded companies like Southwest Airlines.
  • These filings are required by the SEC to ensure transparency in insider trading and are comparable to similar filings by directors and officers at other airlines and public companies.

Related Party Transactions

  • The disposal of 6,811 shares was indirectly through a domestic partner.

Stakeholder Impact

  • This filing provides transparency to shareholders regarding the stock transactions of a company director.
  • The transactions are unlikely to have a significant impact on other stakeholders.

Key Dates

DateDescription
11/21/2024Date of the stock transactions reported by Sarah Feinberg.
11/22/2024Date the Form 4 was signed by Tim Whisler on behalf of Sarah Feinberg.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Director, Southwest Airlines, LUV, Sarah Feinberg

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