Delta Air Lines (NYSE: DAL) EVP Erik Snell receives 11,770 restricted stock units in 2026 incentive grant

Rhea-AI Filing Summary

Delta Air Lines executive Erik S. Snell received a new equity award of 11,770 shares of restricted common stock. The award was granted on February 4, 2026 under Delta’s 2026 long-term incentive program and carries no cash exercise price.

Following this grant, Mr. Snell beneficially owns 41,498 shares of Delta common stock in direct ownership. The shares will vest over time according to the terms set out in the award agreement. The grant was approved by the Personnel & Compensation Committee of Delta’s Board and is treated as exempt from short-swing profit rules under Section 16(b) via Rule 16b-3(d)(1).

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Snell Erik Storey

Role EVP & Chief Cust Exper Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	11,770	$0.00	--

Holdings After Transaction: Common Stock — 41,498 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Snell Erik Storey

(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 Cust Exper 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		11,770(1)	A	(1)	41,498	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 Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Snell 11,770 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).

	/s/ Alan T. Rosselot, as attorney-in-fact for Erik S. Snell	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 transaction did DAL executive Erik S. Snell report?

Erik S. Snell reported receiving 11,770 shares of restricted Delta Air Lines common stock. The award was granted on February 4, 2026 under Delta’s 2026 long-term incentive program, increasing his directly held beneficial ownership to 41,498 common shares after the transaction.

What type of shares did Erik S. Snell receive from Delta Air Lines (DAL)?

He received 11,770 shares of restricted common stock in Delta Air Lines. These restricted shares were issued under the company’s 2026 long-term incentive program and will vest according to an award agreement rather than being immediately unrestricted, aligning compensation with longer-term performance.

How many Delta (DAL) shares does Erik S. Snell own after this Form 4?

After the reported award, Erik S. Snell beneficially owns 41,498 Delta Air Lines common shares directly. This figure includes the newly granted 11,770 restricted shares and represents his reported beneficial ownership following the February 4, 2026 long-term incentive stock grant.

Was any price paid for the 11,770 Delta (DAL) shares granted to Erik S. Snell?

No purchase price was paid for these 11,770 shares; the transaction price per share is reported as 0.0000. The shares were granted as part of Delta’s 2026 long-term incentive program, reflecting equity compensation rather than an open-market stock purchase.

Who approved Erik S. Snell’s restricted stock grant at Delta Air Lines (DAL)?

The Personnel & Compensation Committee of Delta’s Board of Directors approved the grant. The filing notes that this committee granted 11,770 restricted common shares to Mr. Snell under the 2026 long-term incentive program and that the award is exempt under Rule 16b-3(d)(1).

Is Erik S. Snell’s Delta (DAL) stock award subject to vesting conditions?

Yes, the 11,770 restricted common shares will vest under the terms of an award agreement. The filing explains that the shares were granted under Delta’s 2026 long-term incentive program and will vest in accordance with the specific vesting schedule and conditions set in that agreement.