Delta (NYSE: DAL) EVP Bellemare sells 25,000 shares, keeps 95,025

Rhea-AI Filing Summary

DELTA AIR LINES, INC. executive Alain Bellemare, EVP & President - International, reported an open-market sale of 25,000 shares of Common Stock at $81.44 per share. This transaction reduced his direct holdings but he still directly owns 95,025 Delta shares following the sale.

Insider Trade Summary

Net Seller: 25,000 shares ($2,036,000)

Net Sell 1 txn

Insider BELLEMARE ALAIN

Role EVP & Pres. - International

Sold 25,000 shs ($2.04M)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$81.44	$2.04M

Holdings After Transaction: Common Stock — 95,025 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 25,000 shares Sale price per share: $81.44 per share Shares held after transaction: 95,025 shares

3 metrics

Shares sold 25,000 shares Open-market sale of Delta Common Stock

Sale price per share $81.44 per share Price for the 25,000-share sale

Shares held after transaction 95,025 shares Direct DAL holdings post-sale

Key Terms

Common Stock, open-market sale, Executive Vice President

3 terms

Common Stock financial

"Open-market sale of 25,000 shares of Common Stock at $81.44"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

open-market sale financial

"reported an open-market sale of 25,000 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Executive Vice President financial

"Alain Bellemare, EVP & President - International, reported an open-market sale"

An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.

Form 4 Insider Transactions: What Each Field Means →

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^*

BELLEMARE ALAIN

(Last) (First) (Middle)

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

1030 DELTA BLVD.

(Street)

ATLANTA GEORGIA 30354

(City) (State) (Zip)

UNITED STATES

(Country)

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 & Pres. - International

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

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

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

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

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	05/27/2026		S		25,000	D	$81.44	95,025	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:

	/s/ Alan T. Rosselot as attorney-in-fact for Alain M. Bellemare	05/28/2026
	** 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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DAL executive Alain Bellemare report?

Alain Bellemare reported an open-market sale of 25,000 DAL Common Stock shares. The transaction was executed at a price of $81.44 per share and reflects a change in his direct equity position as disclosed in the Form 4 filing.

At what price did Alain Bellemare sell Delta (DAL) shares?

He sold 25,000 DAL Common Stock shares at $81.44 per share. This disclosed sale price gives investors transparency into the value of the transaction and how it compares with Delta’s recent trading levels and insider activity.

How many Delta (DAL) shares does Alain Bellemare hold after the sale?

After selling 25,000 shares, Alain Bellemare directly holds 95,025 DAL Common Stock shares. This remaining stake shows he retains a substantial ownership position in Delta Air Lines even after the reported open-market transaction.

Is Alain Bellemare a director or officer at Delta Air Lines (DAL)?

Alain Bellemare is an officer at Delta Air Lines, serving as Executive Vice President & President - International. His Form 4 filing reflects changes in his direct ownership of DAL Common Stock, which public investors can monitor over time.

Was the DAL insider transaction a buy or a sell?

The disclosed DAL insider transaction was a sale. Alain Bellemare executed an open-market sale of 25,000 shares of Delta Common Stock, reducing his direct holdings while still retaining 95,025 shares after the transaction.