Kathy N. Waller - Jun 20, 2025 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role: Director
Signature: /s/ Alan T. Rosselot as attorney-in-fact for Kathy N. Waller
Stock symbol: DAL
Transactions as of: Jun 20, 2025
Transactions value $: $0
Form type: 4
Date filed: 6/23/2025, 04:30 PM
Previous filing: Jun 21, 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Waller Kathy N	Director	C/O DELTA AIR LINES, INC., DEPT. 981, 1030 DELTA BOULEVARD, ATLANTA	/s/ Alan T. Rosselot as attorney-in-fact for Kathy N. Waller	2025-06-23	0001469388

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DAL	Common Stock	Award		+4.24K	+10.12%		46.1K	Jun 20, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Non-employee members of Delta's Board of Directors receive an annual restricted stock award valued at $200,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 19, 2025. Because June 19, 2025 was a federal holiday, the grant date for the restricted stock award is deemed to be the next trading day (Friday, June 20, 2025) in accordance with Delta's Equity Award Grant Policy. The shares were acquired in a transaction exempt under Rule 16b-3(d)(1).

Content

Non-employee members of Delta's Board of Directors receive an annual restricted stock award valued at $200,000. The shares reported in this Form 4 represent the annual restricted stock award grant to the Reporting Person, as approved by the Board of Directors on June 19, 2025. Because June 19, 2025 was a federal holiday, the grant date for the restricted stock award is deemed to be the next trading day (Friday, June 20, 2025) in accordance with Delta's Equity Award Grant Policy. The shares were acquired in a transaction exempt under Rule 16b-3(d)(1).