GLEN W. HAUENSTEIN - 05 Feb 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
05 Feb 2025
Net transactions value
-$5,813,678
Form type
4
Filing time
07 Feb 2025, 16:30:25 UTC
Previous filing
03 Feb 2025
Next filing
29 Aug 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 Award +28,060 +29% 123,370 05 Feb 2025 Direct F1
transaction DAL Common Stock Award +188,160 +153% 311,530 05 Feb 2025 Direct F2
transaction DAL Common Stock Tax liability $5,813,678 -84,183 -27% $69.06 227,347 05 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Hauenstein 28,060 shares of restricted common stock under Delta's 2025 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 (the "Exchange Act") under Rule 16b-3(d)(1).
F2 Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2022 long-term incentive program, upon certification by the Committee on February 5, 2025 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 Exchange Act under Rule 16b-3(d)(1).
F3 Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2022 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).