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Southwest Airlines(LUV.US) Director Buys US$106.7 Million in Common Stock

Moomoo News ·  Oct 2 16:56

$Southwest Airlines (LUV.US)$ Director GANGWAL RAKESH purchased 3.6 million shares of common stock on Sep 30, Oct 1, 2024 at an average price of $29.6385 for a total value of $106.7 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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