Delta exec granted 14,080 restricted shares
Delta Air Lines’ Chief Digital & Tech Officer Amala Duggirala received an equity grant of 14,080 shares of Delta common stock on January 12, 2026.
Rhea-AI Filing Summary
Delta Air Lines’ Chief Digital & Tech Officer Amala Duggirala received an equity grant of 14,080 shares of Delta common stock on January 12, 2026. The shares are restricted stock awarded at no cash cost to her, classified as an acquisition under insider reporting rules.
After this grant, she beneficially owned 30,550 Delta shares directly, plus 200 shares held indirectly through her spouse. The restricted shares are scheduled to vest in three equal installments on January 12 of 2027, 2028 and 2029, subject to the award’s terms.
The company notes the Form 4 was filed late due to an inadvertent administrative error, and states the grant is exempt from short-swing profit rules under Section 16(b) pursuant to Rule 16b-3(d)(1).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,080 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction is being reported late due to an inadvertent administrative error.
- F2. The shares represent a grant of restricted common stock to Ms. Duggirala, as approved by the Personnel & Compensation Committee of Delta's Board of Directors. Subject to the terms of the award, the restrictions on the shares will lapse in three equal installments on January 12, 2027, 2028 and 2029. This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
FAQ
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What insider transaction did Delta (DAL) report for Amala Duggirala?
Why was the Delta (DAL) Form 4 for Amala Duggirala filed late?
Is Amala Duggirala’s Delta (DAL) stock grant exempt from Section 16(b)?
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