Form 4: Southwest Airlines Director Thomas W. Gilligan Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Thomas W. Gilligan reports changes in beneficial ownership of Southwest Airlines common stock, including acquisition of 6,122 shares and disposal of an unspecified amount.
Summary
- On May 15, 2024, Thomas W. Gilligan, a director of Southwest Airlines Co., reported a transaction involving the company's common stock.
- Gilligan acquired 6,122 shares of common stock.
- Gilligan also disposed of an unspecified amount of common stock.
- Following these transactions, Gilligan beneficially owns 23,712 shares of Southwest Airlines common stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions without expressing any positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: acquisition and disposal of common stock. |
| 05/16/2024 | Date of signature for the report. |
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