Welcome to our dedicated page for DELTA AIR LINES SEC filings (Ticker: DAL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Delta Air Lines filings document the regulatory record for its NYSE-listed common stock, airline operations, governance and material corporate events. Recent Form 8-K reports furnish quarterly financial results, investor-presentation materials, executive officer changes and definitive agreements related to aircraft purchases and long-term financing.
The company's proxy materials describe annual meeting proposals, director elections, advisory votes on executive compensation and board recommendations. These disclosures connect Delta's public-company governance with capital allocation, fleet planning, operating performance and executive-compensation oversight.
BELLEMARE ALAIN reported acquisition or exercise transactions in this Form 4 filing.
DELTA AIR LINES, INC. reported that EVP & Pres. - International Alain Bellemare received a grant of 2,470 shares of restricted common stock as part of Delta's 2026 long-term incentive program. These compensation shares were awarded at no cost and will vest under the terms of the award agreement. Following this grant, Bellemare directly holds 140,646 shares of Delta common stock.
Carter Peter W reported acquisition or exercise transactions in this Form 4 filing.
Delta Air Lines President Peter W. Carter received a grant of 2,960 shares of restricted common stock under Delta’s 2026 long-term incentive program. The award was approved by the Board’s Personnel & Compensation Committee and is exempt from Section 16(b) under Rule 16b-3(d)(1). After this grant, Carter directly owns 424,704 shares of Delta common stock.
Snell Erik Storey reported acquisition or exercise transactions in this Form 4 filing.
Delta Air Lines EVP & Chief Financial Officer Erik Storey Snell received a grant of 7,400 shares of restricted common stock. The Personnel & Compensation Committee of the Board approved this award under Delta's 2026 long-term incentive program, with the shares vesting pursuant to the award agreement.
Following this compensation-related grant, his directly owned common stock holdings increased to 48,898 shares. The grant was made at no cash purchase price and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
Delta Air Lines Inc: Amendment No. 12 to a Schedule 13G/A filed by The Vanguard Group reports 0 shares beneficially owned of Delta common stock following an internal realignment. The filing states Vanguard disaggregated certain subsidiaries in accordance with SEC Release No. 34-39538, and those entities now report separately. The disclosure is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
Delta Air Lines furnished an investor presentation for the J.P. Morgan Industrials Conference outlining its current environment, 2025 performance and multi‑year financial goals. Delta is raising its March-quarter revenue guidance on stronger demand, with domestic and international unit revenue growing mid‑single digits year over year and maintenance, repair and overhaul revenue projected to grow about 150%.
The company expects March-quarter non‑fuel unit costs to be up mid‑single digits year over year due to lower capacity and higher operating costs, but still expects earnings within its initial guidance range. For 2025, Delta reports differentiated performance versus U.S. peers, including $4.6 billion of free cash flow, a 12% return on invested capital and double‑digit margins, while peers collectively generated negative free cash flow and mid‑single‑digit ROIC.
Delta highlights more than $10 billion of free cash flow generated from 2023‑2025 and what it describes as the strongest balance sheet in its history, with net leverage of 1.9x in 2025 and a 2026 target of about 1.5x. Over the next three to five years, it is targeting mid‑teens operating margins, at least 15% ROIC, annual free cash flow of $3‑5 billion, gross leverage of about 1x and average annual earnings‑per‑share growth of roughly 10%, while allocating about half of operating cash flow to shareholder returns and half to growth investment.
Delta Air Lines is reshaping its senior leadership team as long-time executive John E. Laughter, the company’s Executive Vice President – Chief of Operations and President – Delta TechOps and designated principal operating officer, plans to retire effective April 30, 2026 after a more than 30-year career with the airline.
Effective April 1, 2026, Peter W. Carter will become President, Daniel C. Janki will move from Chief Financial Officer to Executive Vice President – Chief Operating Officer, and Erik S. Snell will become Executive Vice President – Chief Financial Officer. Carter currently oversees external affairs, Janki has led finance since 2021, and Snell most recently served as Chief Customer Experience Officer after a series of senior operational and planning roles.
Delta is also expanding Alain Bellemare’s remit as Executive Vice President and President – International by adding the role of Chairman of Delta TechOps, while Chief Marketing Officer Alicia Tillman will leave to pursue opportunities outside Delta and Ranjan Goswami will become Chief Marketing and Product Officer. All of Carter, Janki, Snell, and Goswami will report directly to CEO Ed Bastian.
Delta Air Lines Chief Executive Officer Edward H. Bastian sold 100,000 shares of Delta common stock in an open-market transaction. The sale took place on February 26, 2026 at a weighted average price of $70.257 per share, with individual trade prices ranging from $70.250 to $70.320. After this sale, Bastian directly owns 1,363,448 Delta shares, indicating he retains a substantial equity stake in the company.
Edward H. Bastian reported a proposed sale of 173,230 common shares on 01/15/2026 under a Form 144 filing. The aggregate offering price is shown as 12,299,485.91.
Delta Air Lines, Inc. reported a planned leadership transition in its accounting function. William C. Carroll, the company’s principal accounting officer, will retire effective March 31, 2026. Julia A. McConnell, age 57, who joined Delta in March 2025, will become principal accounting officer effective April 1, 2026.
Before joining Delta, McConnell served as Senior Vice President and Chief Accounting Officer of WestRock Company from June 2020 to December 2024, and previously held finance leadership roles at Carter’s, PepsiCo and PricewaterhouseCoopers. The filing focuses on this succession in Delta’s senior accounting leadership rather than financial results.
Delta Air Lines’ Chief Digital & Tech Officer Amala Duggirala received an equity grant of 14,080 shares of Delta common stock on January 12, 2026. The shares are restricted stock awarded at no cash cost to her, classified as an acquisition under insider reporting rules.
After this grant, she beneficially owned 30,550 Delta shares directly, plus 200 shares held indirectly through her spouse. The restricted shares are scheduled to vest in three equal installments on January 12 of 2027, 2028 and 2029, subject to the award’s terms.
The company notes the Form 4 was filed late due to an inadvertent administrative error, and states the grant is exempt from short-swing profit rules under Section 16(b) pursuant to Rule 16b-3(d)(1).