Southwest Airlines Files 2025 Proxy Statement
Ticker: LUV · Form: DEF 14A · Filed: 2025-04-04T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: LUV
TL;DR
SWAV proxy out: exec comp & board details for 2024, with 2020 comp data highlighted.
AI Summary
Southwest Airlines Co. filed its DEF 14A on April 4, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, board of directors, and other corporate governance matters. Key figures related to compensation for individuals like Gary C. Kelly and Robert E. Jordan for the fiscal year 2020 are referenced, including equity awards and dividends.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting on company matters.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) providing information on corporate governance and executive compensation, with no immediate material events indicated.
Key Numbers
- 2020 — Fiscal Year (Specific compensation details for this year are referenced.)
- 2024 — Fiscal Year (The primary reporting period for the DEF 14A.)
Key Players & Entities
- Southwest Airlines Co. (company) — Filer of the DEF 14A
- Gary C. Kelly (person) — Mentioned in relation to 2020 compensation
- Robert E. Jordan (person) — Mentioned in relation to 2020 compensation
- 20250404 (date) — Filing date of the DEF 14A
- 2024-12-31 (date) — Fiscal year end for the report
FAQ
What is the primary purpose of this DEF 14A filing for Southwest Airlines Co.?
The primary purpose is to provide shareholders with information regarding the company's annual meeting, including details on executive compensation, board of directors, and other corporate governance matters.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on April 4, 2025.
What fiscal year does this DEF 14A report primarily cover?
This DEF 14A report primarily covers the fiscal year ending December 31, 2024.
Are specific executive names mentioned in relation to compensation data?
Yes, names such as Gary C. Kelly and Robert E. Jordan are mentioned in the context of 2020 compensation data.
What is the Standard Industrial Classification (SIC) code for Southwest Airlines Co.?
The SIC code for Southwest Airlines Co. is 4512, which corresponds to AIR TRANSPORTATION, SCHEDULED.
From the Filing
0001193125-25-072750.txt : 20250404 0001193125-25-072750.hdr.sgml : 20250404 20250404060352 ACCESSION NUMBER: 0001193125-25-072750 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20250514 FILED AS OF DATE: 20250404 DATE AS OF CHANGE: 20250404 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: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-07259 FILM NUMBER: 25811925 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 DEF 14A 1 d876066ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0000092380 0000092380 2024-01-01 2024-12-31 0000092380 2023-01-01 2023-12-31 0000092380 2022-01-01 2022-12-31 0000092380 2021-01-01 2021-12-31 0000092380 2020-01-01 2020-12-31 0000092380 luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember luv:RobertE.JordanMember 2020-01-01 2020-12-31 0000092380 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember luv:GaryC.KellyMember 2020-01-01 2020-12-31 0000092380 luv: