Form 4 for DAL Delta Air Lines
Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001683168-25-000832 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-07 | 2025-02-05 | DAL | Samant Rahul D | EVP, Chief Info Off | S - Sale+OE | $69.08 | -18.0K | 35.9K | -33% | -$1.24M |
| D | 2025-02-07 | 2025-02-05 | DAL | Samant Rahul D | EVP, Chief Info Off | M - OptEx | $49.33 | +11.3K | 47.2K | +31% | +$555.9K |
| DM | 2025-02-07 | 2025-02-05 | DAL | Samant Rahul D | EVP, Chief Info Off | A - Grant | — | +85.7K | 121.6K | +239% | — |
| D | 2025-02-07 | 2025-02-05 | DAL | Samant Rahul D | EVP, Chief Info Off | F - Tax | $69.06 | -30.8K | 90.8K | -25% | -$2.13M |
| D | 2025-02-07 | 2025-02-05 | DAL | Samant Rahul D | EVP, Chief Info Off | M - OptEx | $0.00 | -11.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-05 | S | D | 6,700 | $69.07 | 35,889 | D | — | — | |
| 2 | Common | Common Stock | 2025-02-05 | S | D | 11,270 | $69.09 | 35,889 | D | — | — | (F1) The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.070 to $69.130 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc. |
| 3 | Common | Common Stock | 2025-02-05 | M | A | 11,270 | $49.33 | 47,159 | D | — | — | |
| 4 | Common | Common Stock | 2025-02-05 | A | A | 16,900 | — | 52,789 | D | — | — | (F2) The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Samant 16,900 shares of restricted common stock under Delta's 2025 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1). |
| 5 | Common | Common Stock | 2025-02-05 | A | A | 68,809 | — | 121,598 | D | — | — | (F3) Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2022 long-term incentive program, upon certification by the Committee on February 5, 2025 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1). |
| 6 | Common | Common Stock | 2025-02-05 | F | D | 30,786 | $69.06 | 90,812 | D | — | — | (F4) Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2022 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e). |
| 7 | Derivative | Employee Stock Option (right to buy) | 2025-02-05 | M | D | 11,270 | $0.00 | 0 | D | $49.33 · — to 2027-02-08 | 11,270 Common Stock | (F5) The option is currently exercisable. |