{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-242286","form_type":"8-K","ticker":"LUV","cik":"0000092380","company_name":"SOUTHWEST AIRLINES CO","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.408734+00:00","generated_at":"2026-05-30T10:52:25.724438+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Southwest settles with Elliott, adds 6 directors; Gary Kelly retires Nov 1","bullets":["Cooperation agreement with Elliott ends special meeting request; 5 new directors from Elliott, plus Pierre Breber appointed.","Executive Chairman Gary Kelly retires Nov 1; 6 other directors resign; board shrinks to 15 then to 13 after 2025 meeting.","Gregg Saretsky to chair refreshed Finance Committee; David Cush also on committee.","Elliott granted standstill and voting commitments; Rights Agreement terminated within 2 business days.","New independent chair to be selected by reconstituted board; Kelly becomes Chairman Emeritus."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-242286","json":"https://secwatch.observer/filing/0001193125-24-242286.json","markdown":"https://secwatch.observer/filing/0001193125-24-242286.md","text":"https://secwatch.observer/filing/0001193125-24-242286.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/d899498d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:52:25.724438+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":"0d9833ef6c","claim":"J. Veronica Biggins resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"0f27ca706b","claim":"Gary C. Kelly departed as Executive Chairman of the Board at SOUTHWEST AIRLINES CO.","evidence_excerpt":"Gary C. Kelly, Executive Chairman of the Board, notified the Company and the Board that he will retire from the Board and his office of Executive Chairman of the Board, effective 11:59 p.m. Central Time on November 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"4daa0d0312","claim":"Pierre Breber was appointed as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"the Board appointed Pierre Breber as a member of the Board, effective 11:59 p.m. Central Time on November 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"56b425db99","claim":"David W. Biegler resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5b325f4df3","claim":"Thomas W. Gilligan resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"c628017d76","claim":"Roy Blunt resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d79931566c","claim":"William H. Cunningham resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"fe07da8f4b","claim":"Jill A. Soltau resigned as Director at SOUTHWEST AIRLINES CO.","evidence_excerpt":"David W. Biegler, J. Veronica Biggins, Roy Blunt, William H. Cunningham, Thomas W. Gilligan, and Jill A. Soltau each submitted his or her resignation from the Board, effective 11:59 p.m. Central Time on November 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/92380/000119312524242286/0001193125-24-242286-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}