Delta Air Lines director sells 31,756 shares

Delta Air Lines, Inc. director David G. DeWalt reported an open‑market sale of 31,756 shares of common stock on August 3, 2026 at a weighted average price of $90.848 per share, with trades executed between $90.730 and $91.235 per share.

Rhea-AI Filing Summary

Delta Air Lines, Inc. director David G. DeWalt reported an open‑market sale of 31,756 shares of common stock on August 3, 2026 at a weighted average price of $90.848 per share, with trades executed between $90.730 and $91.235 per share.

After this transaction, DeWalt directly held 22,358 shares, a balance that reflects a transfer of 31,756 shares pursuant to a domestic relations order, for which he no longer has a reportable beneficial interest.

Insider Trade Summary

Net Seller: 31,756 shares

Net Sell 1 txn

Insider DEWALT DAVID G

Role Director

Sold 31,756 shs ($2.88M)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	31,756	$90.848	$2.88M

Holdings After Transaction: Common Stock — 22,358 shares (Direct)

Footnotes (2)

1. F1. 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 $90.730 to $91.235 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.
2. F2. Reflects a separate transfer of 31,756 shares of common stock by the Reporting Person pursuant to a domestic relations order. The Reporting Person no longer has a reportable beneficial interest in the shares transferred.

Key Figures

Shares sold: 31,756 shares Weighted average price: $90.848 per share Sale price range: $90.730–$91.235 per share +2 more

5 metrics

Shares sold 31,756 shares Open-market sale of Delta Air Lines common stock on August 3, 2026

Weighted average price $90.848 per share Average price received for 31,756 shares of common stock

Sale price range $90.730–$91.235 per share Range of broker-executed sale prices for the reported transaction

Shares held after transaction 22,358 shares Direct holdings of David G. DeWalt after the reported sale and transfer

Shares transferred by domestic relations order 31,756 shares Shares transferred pursuant to a domestic relations order with no remaining reportable beneficial interest

Key Terms

weighted average price, domestic relations order, beneficial interest

3 terms

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

domestic relations order regulatory

"transfer of 31,756 shares of common stock ... pursuant to a domestic relations order."

beneficial interest financial

"The Reporting Person no longer has a reportable beneficial interest in the shares transferred."

Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Delta Air Lines (DAL) director David G. DeWalt report?

David G. DeWalt reported selling 31,756 shares of Delta Air Lines common stock on August 3, 2026 at a weighted average price of $90.848 per share. These trades were executed through a broker‑dealer in multiple transactions within a stated price range.

At what prices were the Delta Air Lines (DAL) shares sold by David G. DeWalt?

The reported Delta Air Lines shares were sold at a weighted average price of $90.848 per share. According to the filing, the broker‑executed transactions occurred at prices ranging from $90.730 to $91.235 per share, inclusive, across multiple trades.

How many Delta Air Lines (DAL) shares does David G. DeWalt hold after this Form 4 transaction?

Following the reported activity, David G. DeWalt directly holds 22,358 shares of Delta Air Lines common stock. This post‑transaction balance reflects both the reported sale and a transfer of 31,756 shares made pursuant to a domestic relations order.

What is the domestic relations order mentioned in the Delta Air Lines (DAL) Form 4?

The filing notes a transfer of 31,756 shares of Delta Air Lines common stock pursuant to a domestic relations order. After this transfer, David G. DeWalt no longer has a reportable beneficial interest in those shares, meaning they are no longer counted as his beneficial holdings.

Was David G. DeWalt’s Delta Air Lines (DAL) stock sale under a Rule 10b5-1 trading plan?

No. The Rule 10b5‑1 checkbox in the Form 4 was not marked as affirming a trading plan. The filing does not state that these transactions were executed under a pre‑arranged Rule 10b5‑1 trading arrangement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/05/2026 - 06:01 PM Accepted by SEC EDGAR 08/05/2026 - 06:00 PM Learn about SEC filing dates

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^*

DEWALT DAVID G

(Last) (First) (Middle)

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

1030 DELTA BOULEVARD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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	08/03/2026		S		31,756	D	$90.848(1)	22,358(2)	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. 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 $90.730 to $91.235 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.

2. Reflects a separate transfer of 31,756 shares of common stock by the Reporting Person pursuant to a domestic relations order. The Reporting Person no longer has a reportable beneficial interest in the shares transferred.

	/s/ Alan T. Rosselot, as attorney-in-fact for David G. DeWalt	08/05/2026
	** 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)