Gary C. Kelly

Gary C. Kelly (chief executive) discloses dealings in 2 companies, chiefly Southwest Airlines Co and Lincoln National Corp. Between 27 January 2016 and 12 August 2026, the trades on record add up to 309 filings.

In open-market terms, that means 18 purchases worth €2.2M on one side and 233 sales worth €13.5M on the other. On balance, insiders were net sellers of €11.4M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Other entries cover 31 share grants and 6 option exercises. Since January 2026: no purchases and 1 sale on the market.

In size, the median ticket on the buying side is €51k. On 1 out of 3 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. For 18 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 94% of cases, with a median move of +8.8%. They describe history only and say nothing certain about the share price ahead.

The record was last updated on 14 August 2026 with an open-market sale (€345k) in Lincoln National Corp. The last insider purchase was made public on 2 October 2024, 749 days ago. The median gap between a trade and its publication by SEC (Form 4) is 1 day. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.