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Delta (NYSE: DAL) awards 16,470 restricted shares to tech chief

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Delta Air Lines granted Chief Digital & Tech Officer Amala Duggirala 16,470 shares of restricted common stock on February 4, 2026 under Delta's 2026 long-term incentive program. The shares will vest according to the award agreement. She also indirectly holds 200 common shares through her spouse.

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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*
Duggirala Amala

(Last) (First) (Middle)
C/O DELTA AIR LINES, INC.
DEPT. 981, 1030 DELTA BOULEVARD

(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)
Chief Digital & Tech Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
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 02/04/2026 A 16,470(1) A (1) 16,470 D
Common Stock 200 I By spouse
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. The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Ms. Duggirala 16,470 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
/s/ Alan T. Rosselot, as attorney-in-fact for Amala Duggirala 02/06/2026
** 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.

FAQ

What did Delta Air Lines (DAL) disclose about Amala Duggirala in this Form 4?

Delta reported an equity grant to Amala Duggirala. She received 16,470 shares of restricted common stock under Delta’s 2026 long-term incentive program, which will vest according to the award agreement, and she also has 200 common shares reported as indirectly owned through her spouse.

How many Delta (DAL) shares were granted to Chief Digital & Tech Officer Amala Duggirala?

Amala Duggirala was granted 16,470 restricted shares. The Personnel & Compensation Committee approved this grant under Delta’s 2026 long-term incentive program. These shares are restricted stock that will vest over time as specified in the related award agreement approved by the Committee.

What type of compensation did Amala Duggirala receive from Delta (DAL) on February 4, 2026?

She received restricted stock as equity compensation. On February 4, 2026, Delta granted her 16,470 shares of restricted common stock under its 2026 long-term incentive program, with vesting tied to the terms laid out in the formal award agreement.

Are the restricted shares granted to Amala Duggirala under Delta’s 2026 long-term incentive program immediately vested?

No, the restricted shares are subject to vesting. The 16,470 shares of restricted common stock granted to Amala Duggirala will vest over time, in line with the specific vesting conditions and schedule described in the applicable award agreement governing the grant.

Does Amala Duggirala have any indirect ownership of Delta (DAL) stock reported in this filing?

Yes, there is reported indirect ownership through her spouse. The Form 4 shows an indirect holding of 200 shares of Delta common stock categorized as owned “By spouse,” in addition to the directly held restricted stock grant from the 2026 long-term incentive program.

Why is Amala Duggirala’s Delta (DAL) stock grant noted as exempt from Section 16(b)?

The equity grant is exempt under Rule 16b-3(d)(1). Delta’s Personnel & Compensation Committee approved the 16,470-share restricted stock award, and because it was committee-approved, it qualifies for exemption from Section 16(b) short-swing profit rules under this specific regulatory provision.
Delta Air Lines Inc Del

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