Delta Air Lines (NYSE: DAL) director reports 31,756-share sale of stock
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.
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Insights
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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)
- 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.
- 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.