Delta (DAL) EVP Esposito reports 21,676 restricted shares in Form 3 filing

Rhea-AI Filing Summary

Delta Air Lines executive Joseph James Esposito, EVP & Chief Commercial Officer, filed an initial ownership report showing beneficial ownership of 21,676 shares of Delta common stock as of January 1, 2026. These are all shares of restricted common stock held directly.

The footnote explains that 4,226 restricted shares were granted on February 8, 2023 and vest on February 1, 2026; 9,120 shares were granted on February 7, 2024 and vest in two equal parts on February 1, 2026 and 2027; and 8,330 shares were granted on February 5, 2025 and vest in three equal parts on February 1, 2026, 2027 and 2028. The grants were approved by the Personnel & Compensation Committee and are stated to be exempt from Section 16(b) under Rule 16b-3(d)(1).

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Esposito Joseph James

(Last) (First) (Middle)

C/O DELTA AIR LINES, INC., DEPT. 981

1030 DELTA BOULEVARD

(Street)

ATLANTA GA 30354

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2026

3. Issuer Name and Ticker or Trading Symbol
DELTA AIR LINES, INC. [ DAL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Commercial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	21,676(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Comprised of 21,676 shares of restricted common stock. Of these shares of restricted stock: (i) 4,226 shares were granted to the Reporting Person on February 8, 2023 and will vest on February 1, 2026, (ii) 9,120 shares were granted to the Reporting Person on February 7, 2024 and will vest in two equal installments on February 1, 2026 and 2027, and (iii) 8,330 shares were granted to the Reporting Person on February 5, 2025 and will vest in three equal installments on February 1, 2026, 2027 and 2028. The grants of restricted stock were approved by the Personnel & Compensation Committee of Delta's Board of Directors and are exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Alan T. Rosselot as attorney-in-fact for Joseph James Esposito	01/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What does Delta Air Lines (DAL) Form 3 for Joseph James Esposito report?

The Form 3 reports that Joseph James Esposito, EVP & Chief Commercial Officer of Delta Air Lines, Inc., beneficially owns 21,676 shares of Delta common stock, all in the form of restricted stock held directly.

How many Delta (DAL) shares does Joseph James Esposito beneficially own on this Form 3?

The filing shows that he beneficially owns 21,676 shares of Delta common stock, described in the footnote as shares of restricted common stock granted over several years.

What is the vesting schedule for Joseph Esposito’s restricted Delta (DAL) stock?

According to the footnote, 4,226 shares vest on February 1, 2026; 9,120 shares vest in two equal installments on February 1, 2026 and 2027; and 8,330 shares vest in three equal installments on February 1, 2026, 2027 and 2028.

Are Joseph Esposito’s Delta (DAL) restricted stock grants exempt from Section 16(b)?

Yes. The footnote states that the grants of restricted stock were approved by the Personnel & Compensation Committee of Delta’s Board of Directors and are exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).

Does Joseph Esposito hold Delta (DAL) shares directly or indirectly?

The Form 3 indicates that the 21,676 restricted common shares are held with an ownership form of Direct (D), and no indirect ownership or separate holding entity is described.

What is Joseph James Esposito’s role at Delta Air Lines (DAL) on this Form 3?

He is identified as an officer of Delta Air Lines, Inc. with the title EVP & Chief Commercial Officer, and the Form 3 is filed as an initial statement of his beneficial ownership.