{"schema_version":"secwatch.filing_event.v1","accession":"0000092380-23-000026","form_type":"8-K","ticker":"LUV","cik":"0000092380","company_name":"SOUTHWEST AIRLINES CO","filed_at":"2023-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.840267+00:00","generated_at":"2026-06-14T20:33:48.248621+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Southwest Airlines annual meeting results: all directors elected, shareholder proposals fail","bullets":["All 14 director nominees elected with majority support; broker non-votes of ~96.7M shares.","Advisory vote on executive compensation passed with 390.9M for, 30.5M against.","Advisory vote on frequency: 405.7M votes for one year; company will hold annual say-on-pay.","Ratification of Ernst & Young as 2023 auditor approved: 493.1M for, 22.8M against.","Shareholder proposals to permit director removal without cause and to require ratification of termination pay both defeated."],"urls":{"canonical":"https://secwatch.observer/filing/0000092380-23-000026","json":"https://secwatch.observer/filing/0000092380-23-000026.json","markdown":"https://secwatch.observer/filing/0000092380-23-000026.md","text":"https://secwatch.observer/filing/0000092380-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/luv-20230517.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:33:48.248621+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c8b7c32540613e45f53f26de48cf17d5f51c19a","claim":"SOUTHWEST AIRLINES CO shareholders approved Advisory vote on the frequency of executive compensation advisory votes at the 2023-05-17 meeting.","evidence_excerpt":"3. Proposal 3 – An advisory (non-binding) vote on the frequency of executive compensation advisory votes:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"},{"claim_id":"876fc355d437130c7021b669094208423f5637fa","claim":"SOUTHWEST AIRLINES CO shareholders approved Ratification of Ernst & Young LLP as independent auditors at the 2023-05-17 meeting.","evidence_excerpt":"4. Proposal 4 – A proposal to ratify the selection of Ernst & Young LLP as the Company’s independent auditors for the fiscal year ending December 31, 2023:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"},{"claim_id":"bf333bbe932a10cfdedb4e04a20e3d2cc9e9a16f","claim":"SOUTHWEST AIRLINES CO shareholders approved Election of fourteen directors at the 2023-05-17 meeting.","evidence_excerpt":"1. Proposal 1 – Election of fourteen Directors for terms expiring at the 2024 Annual Meeting of Shareholders:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"},{"claim_id":"f47fa9e0e73174696f9676038577414c529c5ed6","claim":"SOUTHWEST AIRLINES CO shareholders approved Shareholder proposal to permit shareholder removal of directors without cause at the 2023-05-17 meeting.","evidence_excerpt":"5. Proposal 5 – An advisory (non-binding) vote on a shareholder proposal to permit shareholder removal of directors without cause:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"},{"claim_id":"f7e07c2d84091a5b07ebe44c5fca5c4f42ab5f02","claim":"SOUTHWEST AIRLINES CO shareholders rejected Shareholder proposal to require ratification of termination pay at the 2023-05-17 meeting.","evidence_excerpt":"6. Proposal 6 – An advisory (non-binding) vote on a shareholder proposal to require shareholder ratification of termination pay:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"},{"claim_id":"fc78f746c7f74f6dd07244f612aac7aaccaeb2fd","claim":"SOUTHWEST AIRLINES CO shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-17 meeting.","evidence_excerpt":"2. Proposal 2 – An advisory (non-binding) vote to approve the compensation of the Company’s named executive officers:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-17"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}