Delta EVP Snell has shares withheld for taxes

Delta Air Lines executive Erik S. Snell, EVP & Chief Customer Experience Officer, reported share withholding transactions related to taxes on vested restricted stock.

Rhea-AI Filing Summary

Delta Air Lines executive Erik S. Snell, EVP & Chief Customer Experience Officer, reported share withholding transactions related to taxes on vested restricted stock. On January 30, 2026, Delta withheld 2,072, 2,032, and 1,793 shares of common stock at $65.89 per share to cover tax liabilities from awards granted in 2023, 2024, and 2025 under Delta’s long-term incentive programs. After these transactions, Snell directly beneficially owned 29,728 shares of Delta common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 5,897 shares

Exercise Price or Tax Liability 3 txns

Insider Snell Erik Storey

Role EVP & Chief Cust Exper Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,072	$65.89	$137K
Exercise Price or Tax Liability	Common Stock	2,032	$65.89	$134K
Exercise Price or Tax Liability	Common Stock	1,793	$65.89	$118K

Holdings After Transaction: Common Stock — 29,728 shares (Direct)

Footnotes (3)

1. F1. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2023 under Delta's 2023 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.
2. F2. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 7, 2024 under Delta's 2024 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.
3. F3. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2025 under Delta's 2025 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Delta Air Lines (DAL) EVP Erik S. Snell report on this Form 4?

Erik S. Snell reported share withholdings of Delta common stock to cover tax liabilities on vested restricted stock awards. These were compensation-related transactions under Delta’s long-term incentive programs, not open-market sales, and left him directly holding 29,728 Delta shares afterward.

How many Delta (DAL) shares were withheld for Erik S. Snell’s taxes?

Delta withheld 2,072, 2,032, and 1,793 common shares from Erik S. Snell on January 30, 2026. Each block related to separate restricted stock awards granted in 2023, 2024, and 2025 under Delta’s long-term incentive programs, all used to satisfy tax obligations.

At what price were Delta (DAL) shares valued for the tax withholding?

The withheld shares were valued at $65.89 per Delta common share. That price reflected Delta’s closing stock price on Friday, January 30, 2026, which the company used because the vesting date fell on Sunday, February 1, 2026, a non-business day.

How many Delta (DAL) shares does Erik S. Snell own after these transactions?

After the reported tax-withholding transactions, Erik S. Snell directly beneficially owned 29,728 Delta common shares. This figure reflects his remaining holdings following the three separate share withholdings recorded to satisfy tax liabilities on vested restricted stock awards.

What type of transactions are code “F” on Erik S. Snell’s Delta (DAL) Form 4?

Transaction code “F” indicates shares withheld by the issuer to pay tax obligations on equity awards. In this filing, Delta withheld common stock from Erik S. Snell’s vested restricted stock grants to cover his tax liability, rather than him selling shares in the market.

Which incentive programs did the Delta (DAL) share withholdings relate to?

The share withholdings related to restricted stock awards granted under Delta’s 2023, 2024, and 2025 long-term incentive programs. Each footnote ties one withholding block to a specific grant date, covering tax liabilities when those restricted stock portions vested in early 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/03/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Snell Erik Storey

(Last) (First) (Middle)

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

1030 DELTA BLVD.

(Street)

ATLANTA GA 30354

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/30/2026(1)		F		2,072(1)	D	$65.89	33,553	D
Common Stock	01/30/2026(2)		F		2,032(2)	D	$65.89	31,521	D
Common Stock	01/30/2026(3)		F		1,793(3)	D	$65.89	29,728	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2023 under Delta's 2023 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.

2. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 7, 2024 under Delta's 2024 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.

3. Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 5, 2025 under Delta's 2025 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Sunday, February 1, 2026) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 30, 2026, the immediately preceding business day.

	/s/ Alan T. Rosselot as attorney-in-fact for Erik S. Snell	02/03/2026
	** Signature of Reporting Person	Date
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