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Southwest Airlines CEO gains $1.5 million from stock sale

Southwest Airlines CEO Gary Kelly gained $1.5 million in a stock sale made last week. (AP Photo/Pat Sullivan)
Southwest Airlines CEO Gary Kelly gained $1.5 million in a stock sale made last week. (AP Photo/Pat Sullivan) AP

Southwest Airlines chief executive Gary Kelly gained $1.5 million from a stock sale made last week.

The leader of the Dallas-based airline sold 32,242 shares at prices ranging from $46.62 to $46.90, according to a filing made on Monday with the Securities and Exchange Commission.

Kelly still holds 473,492 shares following the transaction. Based on Monday’s closing price of $45.74, Kelly’s holdings are worth $21.7 million. He also holds an additional 55,834 shares, worth $2.6 million, in a family trust.

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