Delta Air Lines (NYSE: DAL) EVP Bellemare sells 36,000 shares of stock

Rhea-AI Filing Summary

Delta Air Lines executive Alain Bellemare reported a sale of company stock. As EVP & President – International, he sold 36,000 shares of Delta Air Lines common stock on 01/15/2026 at a price of $69.21 per share.

After this transaction, Bellemare beneficially owned 95,731 shares of Delta Air Lines common stock, held in direct ownership. The filing reflects this as a non-derivative stock sale, reported on a Form 4 for a single reporting person.

Insider Trade Summary

Net Seller: 36,000 shares ($2,491,560)

Net Sell 1 txn

Insider BELLEMARE ALAIN

Role EVP & Pres. - International

Sold 36,000 shs ($2.49M)

Type	Security	Shares	Price	Value
Sale	Common Stock	36,000	$69.21	$2.49M

Holdings After Transaction: Common Stock — 95,731 shares (Direct)

Footnotes (1)

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Accepted by SEC EDGAR 01/16/2026 - 04:30 PM Learn about SEC filing dates

FAQ

What insider transaction did Delta Air Lines (DAL) report in this Form 4?

The Form 4 reports that EVP & President – International Alain Bellemare sold 36,000 shares of Delta Air Lines common stock on 01/15/2026.

At what price were the Delta Air Lines (DAL) shares sold by Alain Bellemare?

Alain Bellemare sold the shares of Delta Air Lines common stock at a price of $69.21 per share.

How many Delta Air Lines (DAL) shares does Alain Bellemare own after the reported sale?

Following the transaction, Alain Bellemare beneficially owned 95,731 shares of Delta Air Lines common stock.

What is Alain Bellemare’s role at Delta Air Lines (DAL)?

Alain Bellemare is an officer of Delta Air Lines, serving as EVP & President – International.

Was the Delta Air Lines (DAL) insider transaction direct or indirect ownership?

The filing shows the transaction and resulting holdings as direct (D) ownership of Delta Air Lines common stock.

Does this Delta Air Lines (DAL) Form 4 involve derivative securities?

No derivative securities are reported as acquired or disposed of; the Form 4 transaction involves non-derivative common stock only.

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^*

BELLEMARE ALAIN

(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 & Pres. - International

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		S		36,000	D	$69.21	95,731	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:

	/s/ Alan T. Rosselot as attorney-in-fact for Alain M. Bellemare	01/16/2026
	** 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.