Willie CW Chiang - 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 Willie CW Chiang
Stock symbol
DAL
Transactions as of
Jun 20, 2025
Transactions value $
$0
Form type
4
Date filed
6/23/2025, 04:34 PM
Previous filing
Aug 16, 2024
Next filing
Aug 18, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chiang Willie CW Director C/O DELTA AIR LINES, INC.,, DEPT. 981, 1030 DELTA BOULEVARD, ATLANTA /s/ Alan T. Rosselot as attorney-in-fact for Willie CW Chiang 2025-06-23 0001421559

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Award +4.24K +104.95% 8.28K Jun 20, 2025 Direct F1
holding DAL Common Stock 20K Jun 20, 2025 By Trust F2
* 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).
F2 The shares are held by the Chiang 2014 Management Trust, of which Mr. Chiang and his wife are co-trustees.