Erik Storey Snell - 16 Jan 2026 Form 4 Insider Report for DELTA AIR LINES, INC. (DAL)

Signature
/s/ Alan T. Rosselot as attorney-in-fact for Erik S. Snell
Issuer symbol
DAL
Transactions as of
16 Jan 2026
Net transactions value
-$944,332
Form type
4
Filing time
21 Jan 2026, 16:30:13 UTC
Previous filing
07 Feb 2025
Next filing
03 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Snell Erik Storey EVP & Chief Cust Exper Officer C/O DELTA AIR LINES, INC., DEPT. 981, 1030 DELTA BLVD., ATLANTA /s/ Alan T. Rosselot as attorney-in-fact for Erik S. Snell 21 Jan 2026 0001872387

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAL Common Stock Options Exercise $701,218 +13,880 +36% $50.52 52,505 16 Jan 2026 Direct
transaction DAL Common Stock Options Exercise $792,659 +13,460 +26% $58.89 65,965 16 Jan 2026 Direct
transaction DAL Common Stock Options Exercise $361,202 +9,080 +14% $39.78 75,045 16 Jan 2026 Direct
transaction DAL Common Stock Sale $2,799,411 -39,420 -53% $71.02 35,625 16 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 -13,880 -100% $0.000000 0 16 Jan 2026 Common Stock 13,880 $50.52 Direct F2
transaction DAL Employee Stock Option (right to buy) Options Exercise $0 -13,460 -100% $0.000000 0 16 Jan 2026 Common Stock 13,460 $58.89 Direct F2
transaction DAL Employee Stock Option (right to buy) Options Exercise $0 -9,080 -100% $0.000000 0 16 Jan 2026 Common Stock 9,080 $39.78 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 $71.000 to $71.065 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.