Delta Air Lines (NYSE: DAL) EVP exercises 35,000 options, sells stock
Rhea-AI Filing Summary
Delta Air Lines executive Alain Bellemare, EVP & Pres. – International, exercised an employee stock option for 35,000 shares of common stock at an exercise price of $39.7800 per share and sold 35,000 shares at a weighted average price of $92.7190 per share in broker-dealer transactions ranging from $92.500 to $93.160.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 35,000 shares ($1.85M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
BELLEMARE ALAIN
Role
EVP & Pres. - International
Sold
35,000 shs ($3.25M)
Approx. gross sale proceeds
$3.25M
Approx. exercise cost
$1.39M
Approx. pre-tax spread
$1.85M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 35,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 35,000 | $39.78 | $1.39M |
| Sale | Common Stock F1 | 35,000 | $92.719 | $3.25M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 95,025 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 $92.500 to $93.160 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. The option is currently exercisable.
Key Figures
Options exercised: 35,000 shares
Option exercise price: $39.7800 per share
Shares sold: 35,000 shares
+3 more
6 metrics
Options exercised
35,000 shares
Employee stock option exercised into common stock on 2026-08-04
Option exercise price
$39.7800 per share
Conversion or exercise price of the employee stock option
Shares sold
35,000 shares
Common stock sold on 2026-08-04 following the option exercise
Weighted average sale price
$92.7190 per share
Weighted average price for shares sold via broker-dealer transactions
Sale price range
$92.500–$93.160 per share
Range of prices at which shares were sold in multiple transactions
Option expiration date
2031-02-02
Expiration date associated with the exercised employee stock option
Key Terms
Employee Stock Option (right to buy), weighted average price, broker-dealer, currently exercisable
4 terms
Employee Stock Option (right to buy) financial
"Security title reported as Employee Stock Option (right to buy) for the derivative holding"
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.
broker-dealer financial
"The reported shares were sold in multiple transactions through a broker-dealer at prices ranging..."
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
currently exercisable financial
"The option is currently exercisable."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Alain Bellemare report for DAL?
Alain Bellemare reported exercising an employee stock option for 35,000 shares of Delta Air Lines common stock at an exercise price of $39.78 per share and, on the same date, selling 35,000 shares of common stock. Both transactions occurred on 2026-08-04.
How many Delta Air Lines options did Bellemare exercise and at what price?
He exercised an employee stock option covering 35,000 shares of Delta Air Lines common stock at an exercise price of $39.7800 per share. The option carried an expiration date of 2031-02-02 and, after this exercise, that specific option position showed 0 derivative shares remaining.
Was Bellemare’s DAL transaction under a Rule 10b5-1 trading plan?
No. The Form 4's checkbox indicating that the reported transactions were made pursuant to a Rule 10b5-1 trading plan was not marked, and the footnotes provide no separate reference to any trading plan. The timing information is therefore reported without any plan-related qualification.