Form 4: Southwest Airlines Executive Van Eaton Reports Stock Disposal
SEC Form 4 Filing
William Jason Van Eaton, EVP & Chief R&CA Officer of Southwest Airlines, reported disposing of 58 shares of common stock on August 21, 2024.
Summary
- On August 21, 2024, William Jason Van Eaton, an EVP & Chief R&CA Officer at Southwest Airlines, disposed of 58 shares of common stock.
- The transaction was executed at a price of $26.58 per share.
- Following the transaction, Van Eaton directly owns 23,795.757 shares of Southwest Airlines common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders engage in transactions involving the company's stock. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares compared to the total outstanding shares of Southwest Airlines.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the stock disposal transaction. |
| 08/23/2024 | Date of signature for the Form 4 filing. |
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