Filing Details
- Accession Number:
- 0001683168-25-000832
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-02-07 16:30:22
- Reporting Period:
- 2025-02-05
- Filing Date:
- 2025-02-07
- Accepted Time:
- 2025-02-07 16:30:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 27904 | Delta Air Lines Inc. | DAL | Air Transportation, Scheduled (4512) | 580218548 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1726120 | D Rahul Samant | C/O Delta Air Lines, Inc., Dept. 981 1030 Delta Blvd. Atlanta GA 30354 | Evp & Chief Info Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2025-02-05 | 6,700 | $69.07 | 35,889 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-05 | 11,270 | $49.33 | 47,159 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-02-05 | 11,270 | $69.09 | 35,889 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-02-05 | 16,900 | $0.00 | 52,789 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2025-02-05 | 68,809 | $0.00 | 121,598 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2025-02-05 | 30,786 | $69.06 | 90,812 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2025-02-05 | 11,270 | $0.00 | 11,270 | $49.33 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-02-08 | No | 4 | M | Direct |
Footnotes
- 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.
- 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).
- 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).
- 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).
- The option is currently exercisable.
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