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Delta Air Lines (DAL) EVP Rahul Samant sells 62,528 shares after RSU vesting

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Delta Air Lines executive Rahul D. Samant reported multiple stock transactions involving company common shares. On February 4, 2026, he acquired 97,440 shares through the vesting of performance restricted stock units from Delta’s 2023 long‑term incentive program, then had 43,400 shares withheld to cover related tax obligations.

On February 5, 2026, he sold 62,528 shares of Delta common stock in broker‑handled trades at a weighted average price of $70.183 per share, with individual sale prices ranging from $69.910 to $70.410. After these transactions, he held 20,939 Delta shares directly.

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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*
Samant Rahul D

(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 Info 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 97,440(1) A (1) 126,867 D
Common Stock 02/04/2026 F 43,400(2) D $70.86 83,467 D
Common Stock 02/05/2026 S 62,528 D $70.183(3) 20,939 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 earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1).
2. Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e).
3. The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.910 to $70.410 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.
/s/ Alan T. Rosselot, as attorney-in-fact for Rahul D. Samant 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 insider transactions did DAL executive Rahul Samant report on this Form 4?

Rahul D. Samant reported vesting of 97,440 Delta Air Lines shares from performance RSUs, withholding of 43,400 shares for taxes, and an open-market sale of 62,528 common shares at a weighted average price of $70.183 per share over two days in February 2026.

How many Delta (DAL) shares did Rahul Samant sell and at what price?

Rahul Samant sold 62,528 Delta Air Lines common shares on February 5, 2026 at a weighted average price of $70.183 per share. The sales occurred through a broker in multiple trades, with prices ranging from $69.910 to $70.410 per share, inclusive.

How did Rahul Samant acquire 97,440 DAL shares before the reported sale?

He acquired 97,440 Delta Air Lines shares on February 4, 2026 through vesting of Performance Restricted Stock Units from Delta’s 2023 long-term incentive program, after the board’s Personnel & Compensation Committee certified that specific performance criteria for the award had been satisfied at that time.

Why were 43,400 Delta (DAL) shares withheld in Rahul Samant’s Form 4?

The Form 4 states that 43,400 Delta shares were withheld to satisfy tax liabilities arising from settlement of the vested performance restricted stock units. This tax withholding was approved by Delta’s Personnel & Compensation Committee and is described as exempt from Section 16(b) under specific Exchange Act rules.

How many Delta Air Lines (DAL) shares does Rahul Samant hold after these transactions?

Following the reported award vesting, tax withholding, and subsequent stock sale, Rahul D. Samant directly beneficially owned 20,939 shares of Delta Air Lines common stock. This figure is shown in the Form 4 as the amount of securities beneficially owned after the February 5, 2026 transaction.

What role does Rahul Samant hold at Delta Air Lines (DAL) in this Form 4?

In this Form 4, Rahul D. Samant is identified as an officer of Delta Air Lines with the title “EVP & Chief Info Officer.” He is not listed as a director or 10% owner, and the filing is made by one reporting person on his behalf through an attorney-in-fact.
Delta Air Lines Inc Del

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