Form 4 for DAL Delta Air Lines

Accepted 2025-02-07 00:00:00 ET · period of report 2025-02-05 · accession 0001683168-25-000837 · 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
M	2025-02-07	2025-02-05	DAL	Laughter John E	EVP, Chief of Ops	A - Grant	—	+48.3K	62.4K	+343%	—
	2025-02-07	2025-02-05	DAL	Laughter John E	EVP, Chief of Ops	F - Tax	$69.06	-15.1K	81.1K	-16%	-$1.05M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2025-02-05	A	A	33,824	—	96,242	D	—	—	(F2) 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).
2	Common	Common Stock	2025-02-05	A	A	14,490	—	62,418	D	—	—	(F1) The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Laughter 14,490 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).
3	Common	Common Stock	2025-02-05	F	D	15,133	$69.06	81,109	D	—	—	(F3) 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).