Southwest Airlines Reports Director/Officer Changes
Ticker: LUV · Form: 8-K · Filed: 2025-03-31T00:00:00.000Z
Sentiment: neutral
Topics: management-change, compensation, corporate-governance
Related Tickers: LUV
TL;DR
Southwest Airlines filed an 8-K for director/officer changes and compensation arrangements effective March 28.
AI Summary
Southwest Airlines Co. filed an 8-K on March 31, 2025, reporting changes effective March 28, 2025. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and details compensatory arrangements for certain officers. Specific names and dollar amounts related to these changes are not detailed in the provided excerpt.
Why It Matters
Changes in board composition and executive officers can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key personnel and executive compensation can indicate underlying issues or strategic shifts that may affect the company's future operations and financial health.
Key Numbers
- 20250328 — Effective Date (Date of earliest event reported)
- 20250331 — Filing Date (Date the report was filed with the SEC)
Key Players & Entities
- SOUTHWEST AIRLINES CO (company) — Registrant
- Texas (jurisdiction) — State of incorporation
- AIR SOUTHWEST CO (company) — Former company name
FAQ
What specific changes were made regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, effective March 28, 2025. Specific names are not provided in this excerpt.
What information is provided about compensatory arrangements?
The filing states that it covers compensatory arrangements of certain officers. Details of these arrangements are not included in the provided text.
When was this report filed with the SEC?
This Form 8-K was filed as of March 31, 2025.
What is Southwest Airlines Co.'s principal executive office address?
The principal executive offices are located at P. O. Box 36611, Dallas, Texas 75235-1611.
What is the SIC code for Southwest Airlines Co.?
The Standard Industrial Classification code for Southwest Airlines Co. is 4512, for Scheduled Air Transportation.
From the Filing
0000092380-25-000075.txt : 20250331 0000092380-25-000075.hdr.sgml : 20250331 20250331163025 ACCESSION NUMBER: 0000092380-25-000075 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250328 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250331 DATE AS OF CHANGE: 20250331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] ORGANIZATION NAME: 01 Energy & Transportation EIN: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07259 FILM NUMBER: 25793769 BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 8-K 1 luv-20250328.htm 8-K luv-20250328 0000092380 false 0000092380 2025-03-28 2025-03-28 0000092380 exch:XNYS 2025-03-28 2025-03-28 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 28, 2025 SOUTHWEST AIRLINES CO. (Exact name of registrant as specified in its charter) Texas 1-7259 74-1563240 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) P. O. Box 36611 Dallas, Texas 75235-1611 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:    ( 214 ) 792-4000 Not Applicable Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock ($1.00 par value) LUV New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company      ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Item 5.02(c) On March 28, 2025 , the Board of Directors (the “Board”) of Southwest Airlines Co. (the “Company”) unanimously appointed J. Ryan Martinez to assume the responsibilities of the Company’s principal accounting officer, effective April 1, 2025, at which time Tammy Romo will step down from that role. Mr. Martinez, 45, is the Company’s Senior Vice President Finance & Controller. He previously serv