Home / Companies / Southwest Airlines Co. / 15 May 2024
Southwest Airlines Co.: meeting of 15 May 2024
Votes reported on Form N-PX, item by item
1,002 Form N-PX filers reported votes at the Southwest Airlines Co. meeting of 15 May 2024. Their records fall into 7 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
14 nominees; 95.8% of reported votes for; 41 filers withheld from or voted against at least one nominee.
8,169 vote records from 252 filers. 3 of the 249 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
1,476 vote records from 982 filers. 91 of the 948 filers that marked the item either way voted against management. 34 filers reported this item without a management mark.
2 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
584 vote records from 250 filers. 7 of the 247 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
636 vote records from 263 filers. 13 of the 260 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
COMPENSATIONSecurity holder
Advisory vote on shareholder proposal 10 amend clawback policy for executive pay.
428 vote records from 177 filers. 100 of the 177 filers that marked the item either way voted against management.
0 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
CORPORATE GOVERNANCESecurity holder
Shareholder rights and defenses
567 vote records from 243 filers. 15 of the 241 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
145 vote records from 77 filers. 15 of the 75 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 5. Proposal | 6. Proposal |
|---|---|---|---|---|---|
| Vanguard | For | For | For | Against | Against |
| BlackRock and iShares | For | For | For | Against | Against |
| Fidelity | For | For | For | Against | Against |
| Dimensional | For | For | For | For * | Against |
| State Street and SPDR | For | For | For | Against | Against |
| American Century | For | Against * | For | For * | Against |
| Franklin Templeton | For | For | For | For * | For * |
| Invesco | For | For | For | For * | Against |
| Equitable | For | For | For | For * | Against |
| Charles Schwab | For | For | For | No report | Against |
| Nuveen and TIAA | For | For | For | For * | Against |
| ProShares and ProFunds | For | For | For | For * | Against |
| John Hancock and Manulife | For | For | For | No report | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | For | For | For * | Against |
| J.P. Morgan | For | For | For | Against | Against |
| Goldman Sachs | For | For | For | Against | Against |
| WisdomTree | For | Against * | For | Against | Against |
| PGIM and Prudential | For | For | For | Against | Against |
| Jackson National funds | For | For | For | No report | Against |
| Northern Trust and FlexShares | For | For | For | Against | Against |
| SEI | For | For | For | No report | Against |
| T. Rowe Price | For | For | For | Against | Against |
| Thrivent | For | For | For | For * | Against |
| Lincoln Financial | For | For | For | For * | Against * |
| Voya | For | For | For | Against | Against |
| First Trust | For | For | For | For * | Against |
| Russell Investments | For | For | For | No report | Against |
| Nationwide | For | For | Against * | For * | Against |
| Victory Capital | For | For | For | For * | Against |
| Brighthouse Funds | For | For | For | Against | Against |
| Guggenheim and Rydex | For | For | For | For * | Against |
| Columbia Threadneedle | For | For | For | Against | Against |
| BNY Mellon | For | Against * | For | Against | Against |
| Principal | For | For | For | For * | Against |
| Capital Group and American Funds | For | Against * | For | Against | Against |
| Pacific Life funds | For | Against * | For | For * | Against |
| Global X | For | For | For | No report | No report |
| Transamerica | For | For | For | For * | Against |
| Federated Hermes | No report | For | No report | No report | No report |
| AllianceBernstein | For | For | For | For * | Against |
| Hartford Funds | For | For | For | No report | Against |
| DWS | For | For | For | For * | Against |
| PIMCO | No report | For | No report | No report | No report |
| Allspring | For | For | For | For * | Against |
| MassMutual | For | For | For | For * | Against |
| Harbor Funds | For | For | For | No report | For * |
| Macquarie and Delaware Funds | For | For | For | For * | Against |
| Janus Henderson | No report | For | No report | No report | No report |
| Neuberger Berman | No report | For | No report | No report | No report |
| Natixis and Loomis Sayles | For | For | For | No report | Against |
| Lord Abbett | No report | For | No report | No report | No report |
| Harris Associates and Oakmark | No report | For | No report | No report | No report |
| Baird | No report | For | No report | No report | No report |
| Artisan Partners | For | For | For | Against | Against |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Southwest Airlines Co. meeting?
1,002 Form N-PX filers reported votes at the meeting of 15 May 2024. On say-on-pay, 91 of 948 voted against management (9.6%). 2 proposals from security holders could be told apart in the filings. The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Southwest Airlines Co. on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Southwest Airlines Co.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Southwest Airlines Co. with a meeting date within three days of 15 May 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.