Southwest Airlines Proxy Filing Released

TL;DR

SW: Proxy filing out, likely shareholder votes coming up. Watch for details.

AI Summary

Southwest Airlines Co. filed a DEFA14A, indicating a proxy statement related to soliciting material under Rule 14a-12. The filing includes a video message from Robert E. Jordan, likely addressing shareholders regarding upcoming company matters. No specific financial figures or dates for events were detailed in this excerpt.

Why It Matters

This filing is a proxy statement, which means shareholders will be asked to vote on important company matters, potentially impacting the airline's future direction and governance.

Risk Assessment

Risk Level: low — This is a standard proxy filing (DEFA14A) and does not contain immediate financial news or significant operational changes.

Key Players & Entities

• SOUTHWEST AIRLINES CO (company) — Registrant
• Robert E. Jordan (person) — Speaker of video message
• 2702 LOVE FIELD DR (location) — Company Street Address
• DALLAS (location) — Company City
• TX (location) — Company State
• 75235 (location) — Company Zip Code

FAQ

Filing Documents

• d829858ddefa14a.htm (DEFA14A) — 19KB
• 0001193125-24-211241.txt ( ) — 20KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No .) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 SOUTHWEST AIRLINES CO. (Name of Registrant as Specified in its Charter) (Name Of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 The following is a transcript of a video message by Robert E. Jordan, President, Chief Executive Officer, & Vice Chairman of the Board of Directors of Southwest Airlines Co. (the Company), published on August 29, 2024: Bobs Briefing: Im Focused on Our Future Bob Jordan President CEO & Vice Chairman of the BOD Published 8/29/2024 Well, hey everybody. Im sure many of you have seen Elliott Investment Managements letter to Shareholders that was released on Monday. This approach is standard procedure in these situations. I wont belabor the content of their letter here, much of which mirrors what theyve said already. I do want to correct the record on one item though. One hundred percent of my focus is on continuing to take steps to drive Southwest Airlines forward for our Customers, our Shareholders, and for you. Its not and its never been about me. This is about us, our collective future, and our work together to restore our performance. And Im confident that we will do exactly that. Members of our Board plan to meet with Elliott on September 9, and we hope to agree on a collaborative path forward. In the interim, Im looking forward to our Investor Day on September 26, when well discuss our plans for Southwest in a lot more detail. Hopefully, you saw the sneak peek sketches of our new uniforms! Some of our Uniform Inspiration Team Members walked the runway this week to preview the refreshed uniform designs in Dallas. Were sworn to secrecy for a little bit longer, but I want to say how proud I am of our Employees and the effort theyve put into this projectthe new designs are just terrific! So, stay tuned for a fun video reveal to debut your Cohearts new designs on September 19. Well, if you get a chance, be sure to watch Andrews latest To the Point video, where he talks about how were regulated and how we engage with our regulators, like the DOT and FAA on behalf of Southwest Airlines. While on SWALife, watch the video about operating margins from SVP Finance & Controller, Ryan Martinez, part of a series designed to discuss key financial metrics and topics that drive our Companys financial success. Finally, my Shout Out this week is for a Miami Customer Service Agent who demonstrates our Value of Service with LUV and positively impacts both Cohearts and Customers. So, take a look and see that on Viva Engage. Well, I LUV yall. Lets make it a safe and terrific week and weekend ahead. Follow me on: Instagram @BobJordan LinkedIn 2 Important Additional Information The Company intends to file a proxy statement and a WHITE proxy card with the U.S. Securities and Exchange Commission (the SEC) in connection with the solicitation of proxies for the Companys next meeting of Shareholders (whether an Annual or Special Meeting of Shareholders (the Shareholder Meeting)). SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING WHITE PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH, OR FURNISHED TO, THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE SHAREHOLDER MEETING. Shareholders will be able to obtain the Companys proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge at the SECs website at www.sec.gov . Copies will also be available at no charge at the Companys website at https://www.southwestairlinesinvestorrelations.com/financials/sec-filings . Participant Information The Company, each of its Directors (namely, Gary C. Kelly, Robert E. Jordan, William H. Cunningham, Ph.D., Lisa M. Atherton, David W. Biegler, J. Veronica Biggins, Roy Blunt, Douglas H. Brooks, Eduardo F. Conrado, Rakesh Gangwal, Thomas W. Gilligan, Ph.D., David P. Hess, Elaine Mendoza, Christopher P. Reynolds, and Jill A. Soltau) and one of its executive officers (namely, Tammy Romo, Chief Financial Officer) are deemed to be participants (as defined in Section 14(a) of the Exchange Act) in the solicitation of proxies from the Companys Shareholders i

View Full Filing

View this DEFA14A filing on SEC EDGAR