David S. Taylor - 27 Oct 2023 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role: Director
Signature: /s/ Alan T. Rosselot, as attorney-in-fact for David S. Taylor
Issuer symbol: DAL
Transactions as of: 27 Oct 2023
Net transactions value: +$307,500
Form type: 4
Filing time: 31 Oct 2023, 16:30:18 UTC
Previous filing: 19 Oct 2023
Next filing: 21 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DAL	Common Stock	Purchase	$307,500	+10,000	+57%	$30.75	27,470	27 Oct 2023	Direct	F1
holding	DAL	Common Stock						72,010	27 Oct 2023	By grantor retained annuity trust	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in column 4 is a weighted average price. The reported shares were purchased in multiple transactions through a broker-dealer at prices ranging from $30.735 to $30.75 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares purchased at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.
F2	The shares are held in a Grantor Retained Annuity Trust (the "GRAT") for the benefit of the Reporting Person's adult children. The Reporting Person is the trustee of the GRAT, and the sole recipient of the annuity payments made by the GRAT.

Content

The price reported in column 4 is a weighted average price. The reported shares were purchased in multiple transactions through a broker-dealer at prices ranging from $30.735 to $30.75 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares purchased at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.

The shares are held in a Grantor Retained Annuity Trust (the "GRAT") for the benefit of the Reporting Person's adult children. The Reporting Person is the trustee of the GRAT, and the sole recipient of the annuity payments made by the GRAT.