Steven M. Sear - 14 Jan 2026 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Role
EVP - Global Sales & Distrib
Signature
/s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear
Issuer symbol
DAL
Transactions as of
14 Jan 2026
Net transactions value
-$636,908
Form type
4
Filing time
16 Jan 2026, 16:30:23 UTC
Previous filing
16 Jul 2025
Next filing
03 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sear Steven M EVP - Global Sales & Distrib C/O DELTA AIR LINES, INC., DEPT. 981, 1030 DELTA BLVD., ATLANTA /s/ Alan T. Rosselot as attorney-in-fact for Steven M. Sear 16 Jan 2026 0001666169

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Options Exercise $1,543,536 +31,290 +32% $49.33 128,795 14 Jan 2026 Direct
transaction DAL Common Stock Sale $2,180,444 -31,290 -24% $69.68 97,505 14 Jan 2026 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DAL Employee Stock Option (right to buy) Options Exercise $0 -31,290 -100% $0.000000 0 14 Jan 2026 Common Stock 31,290 $49.33 Direct 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 sold in multiple transactions through a broker-dealer at prices ranging from $69.640 to $69.820 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold 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 option is currently exercisable.