---
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"
generated_at: "2026-06-14T20:33:48.248621+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Southwest Airlines annual meeting results: all directors elected, shareholder proposals fail

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092380-23-000026
- JSON: https://secwatch.observer/filing/0000092380-23-000026.json
- Plain text: https://secwatch.observer/filing/0000092380-23-000026.txt

## Key facts
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders approved Advisory vote on the frequency of executive compensation advisory votes at the 2023-05-17 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 3. Proposal 3 – An advisory (non-binding) vote on the frequency of executive compensation advisory votes:
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders approved Ratification of Ernst & Young LLP as independent auditors at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders approved Election of fourteen directors at the 2023-05-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 1. Proposal 1 – Election of fourteen Directors for terms expiring at the 2024 Annual Meeting of Shareholders:
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders approved Shareholder proposal to permit shareholder removal of directors without cause at the 2023-05-17 meeting.
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 5. Proposal 5 – An advisory (non-binding) vote on a shareholder proposal to permit shareholder removal of directors without cause:
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders rejected Shareholder proposal to require ratification of termination pay at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: failed
  - Meeting: 2023-05-17
  source text: 6. Proposal 6 – An advisory (non-binding) vote on a shareholder proposal to require shareholder ratification of termination pay:
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm
- Shareholder Votes
  SOUTHWEST AIRLINES CO shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-17 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: 2. Proposal 2 – An advisory (non-binding) vote to approve the compensation of the Company’s named executive officers:
  evidence_url: https://www.sec.gov/Archives/edgar/data/92380/000009238023000026/0000092380-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.