Form 4: Southwest Airlines EVP & CFO Tammy Romo Reports Stock Disposal

Tammy Romo, EVP & CFO of Southwest Airlines, reported the disposal of 15,492 shares of common stock to cover tax obligations, while also reporting holdings in the company's Retirement Savings Plan.

Summary

• Tammy Romo, the EVP & CFO of Southwest Airlines, filed a Form 4 on February 25, 2025, reporting changes in beneficial ownership of Southwest Airlines stock.
• On February 21, 2025, Ms. Romo disposed of 15,492 shares of common stock at a price of $29.81 per share.
• This transaction was related to covering tax obligations.
• Following the transaction, Ms. Romo directly owns 281,953 shares of Southwest Airlines common stock.
• Ms. Romo also indirectly owns 3,905 shares through the company's Retirement Savings Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment, as it's a factual report of an insider's trading activity.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock disposal by the CFO, which is a common occurrence for tax planning purposes.

Stakeholder Impact

• The stock disposal by an executive could be perceived negatively by some shareholders, although it is a common practice for tax planning.
• The impact is likely minimal as the transaction is relatively small compared to the overall market capitalization of Southwest Airlines.

Key Dates