GLEN W. HAUENSTEIN - 31 Jan 2025 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
President
Signature
/s/ Alan T. Rosselot as attorney-in-fact for Glen W. Hauenstein
Issuer symbol
DAL
Transactions as of
31 Jan 2025
Net transactions value
-$489,322
Form type
4
Filing time
03 Feb 2025, 17:30:17 UTC
Previous filing
07 Nov 2024
Next filing
07 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability $489,322 -7,274 -7.1% $67.27 95,310 31 Jan 2025 Direct F1
* 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 7, 2024 under Delta's 2024 long-term incentive program. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors 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.