Sergio Rial - 14 Jun 2024 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
Director
Signature
/s/ Alan T. Rosselot, as attorney-in-fact for Sergio Rial
Issuer symbol
DAL
Transactions as of
14 Jun 2024
Net transactions value
-$64,895
Form type
4
Filing time
17 Jun 2024, 16:45:49 UTC
Previous filing
20 Jun 2023
Next filing
21 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Tax liability $64,895 -1,332 -4.4% $48.72 29,001 14 Jun 2024 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 the restricted stock award granted on June 15, 2023. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt under Rules 16b-3(d)(1) and 16b-3(e). In light of the restricted common stock vesting date (Saturday, June 15, 2024) occurring on a weekend, the number of shares withheld for payment of tax liability was based upon Delta's closing stock price on Friday, June 14, 2024, the immediately preceding business day.