[Form 4] DELTA AIR LINES, INC. Insider Trading Activity

Rhea-AI Filing Summary

Delta Air Lines President Glen W. Hauenstein reported several stock transactions related to his long-term incentive awards. On February 4, 2026, he acquired 741,030 shares of Delta common stock upon vesting of Performance Restricted Stock Units under Delta's 2023 long-term incentive program, following the board committee’s certification of performance.

Also on February 4, 2026, 330,056 shares were withheld at $70.86 per share to cover tax obligations tied to this PRSU settlement. On February 5, 2026, he sold 13,576 shares of common stock at $71 per share. After these transactions, he directly owned 583,327 Delta shares.

Insider Trade Summary

Net Seller: 13,576 shares ($963,896)

Net Sell 3 txns

Insider HAUENSTEIN GLEN W

Role President

Sold 13,576 shs ($964K)

Type	Security	Shares	Price	Value
Sale	Common Stock	13,576	$71.00	$964K
Grant/Award	Common Stock	741,030	$0.00	--
Tax Withholding	Common Stock	330,056	$70.86	$23.39M

Holdings After Transaction: Common Stock — 583,327 shares (Direct)

Footnotes (1)

1. Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1). Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e).

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
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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^*

HAUENSTEIN GLEN W

(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)
	President

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		741,030(1)	A	(1)	926,959	D
Common Stock	02/04/2026		F		330,056(2)	D	$70.86	596,903	D
Common Stock	02/05/2026		S		13,576	D	$71	583,327	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. Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1).

2. Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e).

	/s/ Alan T. Rosselot, as attorney-in-fact for Glen W. Hauenstein	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 transactions did Delta (DAL) President Glen Hauenstein report?

Glen Hauenstein reported PRSU-related equity activity, including share vesting, tax withholding, and a small open-market sale. The transactions involved Delta common stock acquired from long-term incentives and subsequent withholding and sale over February 4–5, 2026.

How many Delta (DAL) shares did Glen Hauenstein receive from PRSU vesting?

He received 741,030 shares of Delta common stock on February 4, 2026. These shares were earned upon vesting of Performance Restricted Stock Units granted under Delta’s 2023 long-term incentive program after performance criteria were certified.

How many Delta (DAL) shares were withheld for taxes in this Form 4?

Delta withheld 330,056 shares of common stock on February 4, 2026 to cover tax liabilities from the PRSU settlement. The withholding price reported was $70.86 per share, as part of the incentive award settlement process.

Did Glen Hauenstein sell any Delta (DAL) shares in this filing?

Yes. On February 5, 2026, Glen Hauenstein sold 13,576 shares of Delta common stock. The reported sale price was $71 per share, reflecting an open-market disposition following the prior day’s incentive-related share activity.

How many Delta (DAL) shares does Glen Hauenstein own after these transactions?

After the reported transactions, Glen Hauenstein directly owned 583,327 shares of Delta common stock. This figure reflects PRSU vesting, tax-related share withholding, and the subsequent sale reported for early February 2026.

What is the source of the shares Glen Hauenstein acquired in this Delta (DAL) Form 4?

The acquired shares came from vested Performance Restricted Stock Units granted under Delta’s 2023 long-term incentive program. Vesting followed the personnel and compensation committee’s certification of Delta’s satisfaction of specified performance criteria on February 4, 2026.