Delta Air Lines insider files Form 144 to sell 10,000 shares via Fidelity
Rhea-AI Filing Summary
Delta Air Lines, Inc. (DAL) Form 144: The filer intends to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC on or about 08/27/2025 on the NYSE at an aggregate market value of $613,066.65. The shares were acquired by restricted stock vesting: 6,915 shares vested on 02/09/2022 and 3,085 shares vested on 02/01/2023, each recorded as compensation and paid on the respective vesting dates. The filer reports 652,948,402 shares outstanding for the issuer. The notice includes the signer’s representation that they are not aware of undisclosed material adverse information.
Positive
- Complete transaction details provided: number of shares, aggregate market value, broker, proposed sale date, and exchange are all disclosed
- Clear acquisition history: shares traceable to restricted stock vesting on 02/09/2022 (6,915 shares) and 02/01/2023 (3,085 shares) recorded as compensation
- Compliance representation included: filer certifies no known undisclosed material adverse information and discloses no sales in the past three months
Negative
- None.
Insights
TL;DR Form 144 discloses a routine proposed sale of 10,000 vested shares via Fidelity on 08/27/2025.
The filing provides clear, transaction-level detail: number of shares, aggregate market value, broker, proposed sale date, and the acquisition history showing restricted stock vesting in 2022 and 2023 recorded as compensation. For investors and market watchers, this is a standard insider-sale disclosure and does not by itself convey operational or financial developments at the company. The filing complies with Rule 144 requirements by identifying the source of securities and confirming no undisclosed material adverse information is known to the filer.
TL;DR The notice appears procedurally complete and includes the filer’s certification against undisclosed material information.
The form lists the broker (Fidelity Brokerage Services LLC), the planned sale date, and ties the securities to specific vesting events and compensation payments, which supports traceability and auditability. The filing also states there were no related sales in the prior three months. From a compliance perspective, the document meets the core disclosure expectations for a Rule 144 notice; no regulatory exceptions or omissions are apparent within the provided content.