LUV

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 7

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 90,953

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 6

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,994

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 5

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 49,364

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 4

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,241

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 3

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,485

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 2

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,133

SEC source: 0000092380-24-000128 · wk-form4_1727900742.xml · nonDerivative · entry 1

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,511

SEC source: 0000092380-24-000126 · wk-form4_1727900428.xml · nonDerivative · entry 1

Jordan Robert E · CIK 0001381318 · Director · CEO & President

10b5-1 filing: No plan indicated

Ownership: Indirect · By Retirement Savings Plan

Disclosed balance after: 110,846

F1 · balance_after: Includes holdings acquired pursuant to exempt transactions under Issuer's Retirement Savings Plan.

SEC source: 0000092380-24-000124 · wk-form4_1727900197.xml · nonDerivative · entry 3

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · By Family Trust 2

Disclosed balance after: 404,794

F1 · shares: On September 30, 2024, as part of his estate planning, the reporting person made a gift of the reporting person's limited partnership interest in a family limited partnership (the "Family Limited Partnership") to a trust for the reporting person's spouse and her descendants (the "Spousal Trust"). The reporting person's spouse is trustee of the Spousal Trust.

F2 · balance_after: After the transaction, the sole general partner of the Family Limited Partnership continues to be a limited liability company (the "Family Limited Liability Company") that is wholly owned by the reporting person and his spouse and the sole limited partners of the Family Limited Partnership are (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) the Spousal Trust, and (c) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F4 · balance_after: Includes shares indirectly held through the Spousal Trust, including (a) 199,794 shares held as a result of the Spousal Trust's limited partnership interest in the Family Limited Partnership and (b) 205,000 other shares held by the Spousal Trust.

SEC source: 0000092380-24-000124 · wk-form4_1727900197.xml · nonDerivative · entry 2

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · By Family Limited Partnership

Disclosed balance after: 74,520

F1 · shares: On September 30, 2024, as part of his estate planning, the reporting person made a gift of the reporting person's limited partnership interest in a family limited partnership (the "Family Limited Partnership") to a trust for the reporting person's spouse and her descendants (the "Spousal Trust"). The reporting person's spouse is trustee of the Spousal Trust.

F2 · balance_after: After the transaction, the sole general partner of the Family Limited Partnership continues to be a limited liability company (the "Family Limited Liability Company") that is wholly owned by the reporting person and his spouse and the sole limited partners of the Family Limited Partnership are (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) the Spousal Trust, and (c) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · balance_after: Includes (a) 70,293 shares indirectly held through the total Spousal LP Interest in the Family Limited Partnership, and (b) 4,227 shares indirectly held through the Family Limited Liability Company's general partnership interest in the Family Limited Partnership.

SEC source: 0000092380-24-000124 · wk-form4_1727900197.xml · nonDerivative · entry 1

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 146,410

SEC source: 0000902664-24-005428 · ownership.xml · nonDerivative · entry 1

Watson Patricia A · CIK 0001570660 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 1,280

F1 · kind: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported herein are estimates based on the terms of the ESPP. The Reporting Person will amend this Form 4 if the actual number of shares or purchase price is different than the amounts reported herein once such information is provided by the ESPP administrator.

F1 · shares: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported herein are estimates based on the terms of the ESPP. The Reporting Person will amend this Form 4 if the actual number of shares or purchase price is different than the amounts reported herein once such information is provided by the ESPP administrator.

F1 · price: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported herein are estimates based on the terms of the ESPP. The Reporting Person will amend this Form 4 if the actual number of shares or purchase price is different than the amounts reported herein once such information is provided by the ESPP administrator.

SEC source: 0000902664-24-005453 · ownership.xml · nonDerivative · entry 1

Watson Patricia A · CIK 0001570660 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Indirect · By spouse

Disclosed balance after: 1,279

F1 · kind: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported in the original Form 4 for this transaction were estimates based on the terms of the ESPP. This amendment reports the actual number of shares and purchase price provided by the ESPP administrator.

F1 · shares: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported in the original Form 4 for this transaction were estimates based on the terms of the ESPP. This amendment reports the actual number of shares and purchase price provided by the ESPP administrator.

F1 · price: The transaction reported herein represents an acquisition under the Issuer's Amended and Restated 1991 Employee Stock Purchase Plan (the "ESPP"). The amounts reported in the original Form 4 for this transaction were estimates based on the terms of the ESPP. This amendment reports the actual number of shares and purchase price provided by the ESPP administrator.

SEC source: 0002023724-24-000002 · wk-form4_1724434739.xml · nonDerivative · entry 1

Van Eaton William Jason · CIK 0002023724 · EVP & Chief R&CA Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,795.757

SEC source: 0000092380-24-000113 · wk-form4_1722546483.xml · nonDerivative · entry 1

GANGWAL RAKESH · CIK 0001198875 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,311

SEC source: 0001381318-24-000001 · wk-form4_1722548775.xml · nonDerivative · entry 1

Van Eaton William Jason · CIK 0002023724 · EVP & Chief R&CA Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,853.757

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on August 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

F2 · balance_after: Holdings include shares previously acquired through exempt transactions pursuant to the Issuer's employee stock purchase plan.

SEC source: 0000092380-24-000092 · wk-form4_1715892883.xml · nonDerivative · entry 1

BIEGLER DAVID W · CIK 0001222590 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,122

SEC source: 0000092380-24-000089 · wk-form4_1715890920.xml · nonDerivative · entry 1

SOLTAU JILL A. · CIK 0001740251 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,812

SEC source: 0000092380-24-000083 · wk-form4_1715889608.xml · nonDerivative · entry 1

Gilligan Thomas W. · CIK 0001553750 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,712

SEC source: 0000092380-24-000085 · wk-form4_1715889778.xml · nonDerivative · entry 1

Mendoza Elaine · CIK 0001791026 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,812

SEC source: 0000092380-24-000087 · wk-form4_1715890379.xml · nonDerivative · entry 1

BROOKS DOUGLAS H · CIK 0001186331 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,888

SEC source: 0000092380-24-000079 · wk-form4_1715888102.xml · nonDerivative · entry 1

Atherton Lisa M · CIK 0002020959 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,122

SEC source: 0000092380-24-000081 · wk-form4_1715888944.xml · nonDerivative · entry 1

Reynolds Christopher P. · CIK 0001929533 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,656

SEC source: 0000092380-24-000077 · wk-form4_1715887466.xml · nonDerivative · entry 1

CUNNINGHAM WILLIAM H DR · CIK 0001189132 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,088

SEC source: 0000092380-24-000075 · wk-form4_1715887165.xml · nonDerivative · entry 1

Hess David P · CIK 0001304945 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,656

SEC source: 0000092380-24-000073 · wk-form4_1715886709.xml · nonDerivative · entry 1

Blunt Roy · CIK 0001986272 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,217

SEC source: 0000092380-24-000069 · wk-form4_1715885771.xml · nonDerivative · entry 1

BIGGINS J VERONICA · CIK 0001018925 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,388

SEC source: 0000092380-24-000071 · wk-form4_1715886459.xml · nonDerivative · entry 1

CONRADO EDUARDO F · CIK 0001508118 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,812

SEC source: 0000092380-24-000060 · wk-form4_1714680460.xml · nonDerivative · entry 4

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · By Family Trust 2

Disclosed balance after: 320,582

F1 · shares: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · shares: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · shares: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · shares: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F9 · shares: A net 12,864 shares were indirectly acquired through the Spousal Trust's limited partnership interest in the Family Limited Partnership, as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution, but reflecting the addition of limited partners and resulting new allocation of shares.

F1 · ownership.nature: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · ownership.nature: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · ownership.nature: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · ownership.nature: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F10 · ownership.nature: Includes shares indirectly held through the Spousal Trust, including (a) 115,582 shares held as a result of the Spousal Trust's limited partnership interest in the Family Limited Partnership and (b) 205,000 other shares held by the Spousal Trust.

SEC source: 0000092380-24-000060 · wk-form4_1714680460.xml · nonDerivative · entry 3

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · By Family Trust

Disclosed balance after: 368,106

F1 · shares: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · shares: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · shares: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · shares: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F7 · shares: A net 16,510 shares were indirectly acquired through the Reporting Person Trust's limited partnership interest in the Family Limited Partnership, as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution, but reflecting the addition of limited partners and resulting new allocation of shares.

F1 · ownership.nature: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · ownership.nature: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · ownership.nature: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · ownership.nature: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F8 · ownership.nature: Includes shares indirectly held through the Reporting Person Trust, including (a) 148,348 shares held as a result of the Reporting Person Trust's limited partnership interest in the Family Limited Partnership and (b) 219,758 other shares held by the Reporting Person Trust.

SEC source: 0000092380-24-000060 · wk-form4_1714680460.xml · nonDerivative · entry 2

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Indirect · By Family Limited Partnership

Disclosed balance after: 158,732

F1 · shares: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · shares: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · shares: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · shares: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F5 · shares: Includes 40,712 shares indirectly acquired as a result of the new Reporting Person LP Interest in the Family Limited Partnership and 40,712 shares indirectly acquired as a result of the new Spousal LP Interest in the Family Limited Partnership. Also includes, as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution, but reflecting the addition of limited partner interests and resulting new allocation of shares, (a) a net 4,841 shares indirectly acquired by the prior Reporting Person LP Interest; (b) a net 3,292 shares indirectly acquired by the prior Spousal LP Interest; and (c) a net 1,202 shares indirectly acquired by the Family Limited Liability Company.

F1 · ownership.nature: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · ownership.nature: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · ownership.nature: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · ownership.nature: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

F6 · ownership.nature: Includes (a) 84,212 shares indirectly held through the total Reporting Person LP Interest in the Family Limited Partnership, (b) 70,293 shares indirectly held through the total Spousal LP Interest in the Family Limited Partnership, and (c) 4,227 shares indirectly held through the Family Limited Liability Company's general partnership interest in the Family Limited Partnership.

SEC source: 0000092380-24-000060 · wk-form4_1714680460.xml · nonDerivative · entry 1

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,489

F1 · shares: On April 30, 2024, as part of his estate planning, the reporting person and his spouse contributed a total of 120,133 direct holding shares (the "Capital Contribution") to a family limited partnership (the "Family Limited Partnership"), the sole general partner of which is a limited liability company that is wholly owned by the reporting person and his spouse (the "Family Limited Liability Company").

F2 · shares: Prior to the transfer, the sole limited partners of the Family Limited Partnership were (a) a trust for the reporting person and his descendants, for which the reporting person is trustee (the "Reporting Person Trust"), (b) a trust for the reporting person's spouse and her descendants, for which the reporting person's spouse is trustee (the "Spousal Trust"), (c) the reporting person through a separate limited partnership interest in the Family Limited Partnership (the "Reporting Person LP Interest"), and (d) the reporting person's spouse through a separate limited partnership interest in the Family Limited Partnership (the "Spousal LP Interest").

F3 · shares: As a result of this transaction, the reporting person and his spouse each received an additional separate limited partnership interest in the Family Limited Partnership, which resulted in (a) a decrease in the number of shares directly owned by the reporting person, (b) an increase in the number of shares indirectly owned by the reporting person through the Family Limited Partnership, and (c) net increases in the number of shares indirectly owned by the reporting person through the Reporting Person Trust, the Spousal Trust, and the Family Limited Liability Company as a result of the overall increase in the Family Limited Partnership's holdings due to the Capital Contribution.

F4 · shares: Because the reporting person's aggregate beneficial holdings remained the same prior to and after this transaction, the reporting person believes the contributions to the Family Limited Partnership constitute a change in form of beneficial ownership exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

SEC source: 0000092380-24-000043 · wk-form4_1708727379.xml · nonDerivative · entry 1

Shaw Mark R · CIK 0001665653 · EVP & CLRO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 143,781

SEC source: 0000092380-24-000041 · wk-form4_1708727189.xml · nonDerivative · entry 1

Jordan Robert E · CIK 0001381318 · Director · CEO & President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 335,688

SEC source: 0000092380-24-000039 · wk-form4_1708726994.xml · nonDerivative · entry 1

KELLY GARY C · CIK 0001027716 · Director · Executive Chairman

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 232,622

SEC source: 0000092380-24-000037 · wk-form4_1708726762.xml · nonDerivative · entry 1

Romo Tammy · CIK 0001558014 · EVP & CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 243,510

SEC source: 0000092380-24-000035 · wk-form4_1708726530.xml · nonDerivative · entry 1

Rutherford Linda B. · CIK 0001870857 · Chief Administration Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 93,225

SEC source: 0000092380-24-000033 · wk-form4_1708726129.xml · nonDerivative · entry 1

Watterson Andrew M · CIK 0001710592 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,743

SEC source: 0000092380-24-000031 · wk-form4_1708725854.xml · nonDerivative · entry 1

Jones Justin · CIK 0002002693 · EVP Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 38,591

SEC source: 0000092380-24-000029 · wk-form4_1708725635.xml · nonDerivative · entry 1

Green Ryan C. · CIK 0001949601 · EVP & Chief Commercial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,159

SEC source: 0000092380-24-000019 · wk-form4_1706911538.xml · nonDerivative · entry 2

Shaw Mark R · CIK 0001665653 · EVP & CLRO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 165,965

F2 · shares: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000019 · wk-form4_1706911538.xml · nonDerivative · entry 1

Shaw Mark R · CIK 0001665653 · EVP & CLRO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 132,265

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000017 · wk-form4_1706911373.xml · nonDerivative · entry 2

Green Ryan C. · CIK 0001949601 · EVP & Chief Commercial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 64,366

F2 · shares: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000017 · wk-form4_1706911373.xml · nonDerivative · entry 1

Green Ryan C. · CIK 0001949601 · EVP & Chief Commercial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,156

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000015 · wk-form4_1706911150.xml · nonDerivative · entry 2

Jones Justin · CIK 0002002693 · EVP Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,904

F2 · shares: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000015 · wk-form4_1706911150.xml · nonDerivative · entry 1

Jones Justin · CIK 0002002693 · EVP Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,688

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000013 · wk-form4_1706910828.xml · nonDerivative · entry 2

Rutherford Linda B. · CIK 0001870857 · Chief Administration Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 100,896

F2 · shares: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000013 · wk-form4_1706910828.xml · nonDerivative · entry 1

Rutherford Linda B. · CIK 0001870857 · Chief Administration Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 97,357

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000011 · wk-form4_1706910536.xml · nonDerivative · entry 2

Jordan Robert E · CIK 0001381318 · Director · CEO & President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 362,291

F2 · shares: Reflects the exempt acquisition of restricted stock units upon the satisfaction of performance criteria underlying an award of performance-based restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest on February 21, 2024, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.

SEC source: 0000092380-24-000011 · wk-form4_1706910536.xml · nonDerivative · entry 1

Jordan Robert E · CIK 0001381318 · Director · CEO & President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 336,640

F1 · shares: Reflects the exempt acquisition of restricted stock units pursuant to the Southwest Airlines Co. Amended and Restated 2007 Equity Incentive Plan. The restricted stock units will vest with respect to one-third of the shares covered thereby annually, beginning on February 21, 2025, and will entitle the reporting person to one share of common stock for each restricted stock unit that vests.