Delta Air Lines Inc Del SEC Filings

Form 144 notice filed for a proposed secondary sale. A shareholder plans to sell up to 23,323 shares of common stock, with an aggregate market value of $1,453,652.18, through Fidelity Brokerage Services LLC. The approximate sale date listed is 10/21/2025 and the shares are listed on the NYSE.

The shares were acquired on 10/21/2025 via cash exercise of stock options originally granted on 02/09/2017 (2,503 shares), 02/08/2018 (9,710 shares), and 02/06/2019 (11,110 shares). Shares outstanding were 652,962,768. This filing is a notice of proposed sale; actual transactions may vary.

Delta Air Lines (DAL): On 10/15/2025, officer William C. Carroll (SVP, Fin & Controller) exercised employee stock options and sold shares. He exercised 6,940 options at $50.52, 2,530 at $58.89, and 4,540 at $39.78, then sold 14,010 shares at a weighted average price of $61.247 (reported range $61.240–$61.261). Following these transactions, he directly beneficially owned 15,816 shares. The options exercised were currently exercisable, with expirations on 02/05/2029, 02/04/2030, and 02/02/2031.

Delta Air Lines reported stronger operating results for the September 2025 quarter, with operating income of $1.7 billion, up ? year-over-year and total revenue rising by $1.0 billion. Passenger revenue grew by $399 million, driven by premium product sales and loyalty travel awards, while total adjusted revenue increased 4.1%. Total operating expense rose 5%, reflecting a 4% capacity increase and higher employee costs, partly offset by lower aircraft fuel costs. Fuel expense fell as jet fuel prices declined, reducing fuel's share of operating expense to approximately 17% from 20% year-to-date.

Liquidity remained solid with approximately $6.9 billion available and $3.1 billion undrawn on revolvers. Free cash flow for the quarter was $833 million, capital expenditures are expected to be about $5.0 billion for 2025, and the company issued $2.0 billion of unsecured notes in June. The refinery produced lower operating income due to weaker refined product pricing.

Delta Air Lines, Inc. furnished an 8-K to report that it issued a press release with financial results for the quarter ended September 30, 2025. The press release is included as Exhibit 99.1 to the filing and the company states that the furnished information, including Exhibit 99.1, is not incorporated by reference into other SEC filings. No financial figures, guidance, or other operational details are included in this notice.

Delta Air Lines insider sale reported on Form 4. Glen W. Hauenstein, identified as an officer (President), sold 10,000 shares of Delta Air Lines, Inc. (DAL) on 08/27/2025 at a weighted-average price of $61.307 per share. After the sale, the reporting person beneficially owned 217,347 shares, held directly. The filing includes an explanation that the reported price is a weighted average for multiple brokered transactions executed between $61.300 and $61.330, and the filer offers to provide a breakdown on request. The form was signed on 08/29/2025 by an attorney-in-fact.

Delta Air Lines, Inc. (DAL) Form 144: The filer intends to sell 10,000 shares of common stock through Fidelity Brokerage Services LLC on or about 08/27/2025 on the NYSE at an aggregate market value of $613,066.65. The shares were acquired by restricted stock vesting: 6,915 shares vested on 02/09/2022 and 3,085 shares vested on 02/01/2023, each recorded as compensation and paid on the respective vesting dates. The filer reports 652,948,402 shares outstanding for the issuer. The notice includes the signer’s representation that they are not aware of undisclosed material adverse information.

Delta Air Lines insider notice reports a proposed sale of 2,500 common shares through Fidelity Brokerage Services with an approximate sale date of 08/19/2025. The filing lists the aggregate market value of the shares as $151,763.25 and indicates 652,948,402 shares outstanding for the issuer. The securities being sold were acquired as restricted stock vesting: 2,320 shares vested on 06/20/2019 and 180 shares vested on 06/15/2024, both recorded as compensation. The filer reports no sales in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.