Delta Air Lines (DAL) EVP sells 10,000 shares in open market trades

Rhea-AI Filing Summary

DELTA AIR LINES, INC. executive Allison C. Ausband, EVP & Chief People Officer, reported open-market sales of a total of 10,000 shares of Common Stock. She sold 5,000 shares at $79.00 on May 26, 2026 and 5,000 shares at $80.90 on May 27, 2026. After these transactions, she directly holds 128,854 shares, so the sales represent only a portion of her overall position.

Insights

Equity compensation and insider-transactions analyst

Delta EVP sells 10,000 shares in routine-sized open-market trades.

EVP & Chief People Officer Allison C. Ausband executed two open-market sales totaling 10,000 Delta Air Lines common shares at prices of $79.00 and $80.90. These are straightforward non-derivative stock sales, with no options exercises or complex instruments involved.

Following the transactions, she directly owns 128,854 shares, indicating she retained a substantial equity position. Based on the available data, the sales appear modest relative to her remaining holdings, so they read as routine portfolio or liquidity moves rather than a large-scale reduction.

The filing shows no accompanying derivative exercises or tax-withholding events, and there is no indication of a pre-planned trading arrangement in the data provided. Future insider reports will show whether this pattern continues or remains an isolated set of transactions.

Insider Trade Summary

Net Seller: 10,000 shares ($799,500)

Net Sell 2 txns

Insider Ausband Allison C

Role EVP & Chief People Officer

Sold 10,000 shs ($800K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$80.90	$405K
Sale	Common Stock	5,000	$79.00	$395K

Holdings After Transaction: Common Stock — 128,854 shares (Direct, null)

Footnotes (1)

Key Figures

Total shares sold: 10,000 shares First sale: 5,000 shares at $79.00 Second sale: 5,000 shares at $80.90 +1 more

4 metrics

Total shares sold 10,000 shares Open-market sales on May 26–27, 2026

First sale 5,000 shares at $79.00 Open-market sale on May 26, 2026

Second sale 5,000 shares at $80.90 Open-market sale on May 27, 2026

Shares owned after 128,854 shares Direct holdings following May 27, 2026 sale

Key Terms

Common Stock, open-market sale, Form 4, transaction code "S"

4 terms

Common Stock financial

"security_title: "Common Stock""

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

"transaction_action: "open-market sale""

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" financial

"transaction_code: "S" indicating a sale"

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^*

Ausband Allison C

(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 & Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

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	05/26/2026		S		5,000	D	$79	133,854	D
Common Stock	05/27/2026		S		5,000	D	$80.9	128,854	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 Allison C. Ausband	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 did Delta Air Lines (DAL) executive Allison Ausband report in this Form 4?

Allison C. Ausband, EVP & Chief People Officer of Delta Air Lines, reported selling 10,000 shares of Common Stock in open-market transactions. The sales occurred over two days at prices of $79.00 and $80.90 per share.

How many Delta Air Lines (DAL) shares did Allison Ausband sell and at what prices?

Allison Ausband sold 10,000 Delta Air Lines Common Stock shares in total. She sold 5,000 shares at $79.00 per share on May 26, 2026, and another 5,000 shares at $80.90 per share on May 27, 2026.

How many Delta Air Lines (DAL) shares does Allison Ausband hold after these transactions?

After the reported sales, Allison Ausband directly holds 128,854 shares of Delta Air Lines Common Stock. This shows she maintains a significant remaining stake even after disposing of 10,000 shares in the two open-market transactions.

Were Allison Ausband’s Delta Air Lines (DAL) transactions open-market sales or option exercises?

The filing classifies both transactions as open-market sales of Common Stock, coded as “S.” There are no associated derivative exercises, conversion events, or tax-withholding transactions reported in connection with these sales in the provided data.

Does this Delta Air Lines (DAL) Form 4 show net buying or net selling by Allison Ausband?

The Form 4 reflects net selling activity by Allison Ausband. She completed two open-market sale transactions totaling 10,000 shares, and the transaction summary indicates a net-sell direction with no corresponding share purchases reported.

What is the role of Allison Ausband at Delta Air Lines (DAL) in this insider filing?

In this insider filing, Allison C. Ausband is identified as an officer of Delta Air Lines, serving as EVP & Chief People Officer. The reported transactions involve her direct ownership of Delta Common Stock and open-market sales from that position.