William C. Carroll - Jan 31, 2025 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
SVP, Fin & Controller
Signature
/s/ Alan T. Rosselot as attorney-in-fact for William C. Carroll
Stock symbol
DAL
Transactions as of
Jan 31, 2025
Transactions value $
-$198,917
Form type
4
Date filed
2/3/2025, 05:30 PM
Previous filing
Jan 21, 2025
Next filing
Feb 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability -$64.8K -963 -4.87% $67.27 18.8K Jan 31, 2025 Direct F1
transaction DAL Common Stock Tax liability -$67.7K -1.01K -5.36% $67.27 17.8K Jan 31, 2025 Direct F2
transaction DAL Common Stock Tax liability -$66.4K -987 -5.55% $67.27 16.8K Jan 31, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 9, 2022 under Delta's 2022 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Saturday, February 1, 2025) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 31, 2025, the immediately preceding business day.
F2 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 8, 2023 under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Saturday, February 1, 2025) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 31, 2025, the immediately preceding business day.
F3 Shares withheld for payment of tax liability upon vesting of a portion of the restricted stock award granted on February 7, 2024 under Delta's 2024 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Saturday, February 1, 2025) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, January 31, 2025, the immediately preceding business day.