Delta Airlines Executives Sell Shares Worth 40 Billion Won Amidst Recent Trades Near 52-Week High
By ATTN Desk · Editorial oversight: Sean Han
Peter Carter, Delta Air Lines, Inc. (NYSE: DAL)’s Chief External Affairs Officer, sold approximately 14,300 shares around January 15, generating about $1 million in proceeds, while still retaining a stake valued at roughly $12 million.
On February 9, Steven Sear, Executive Vice President of Global Sales & Distribution, also sold shares worth around $3 million through a block trade and continues to hold more than $1 million in Delta stock.
President Glen Hauenstein exercised stock options in early February and then sold roughly $30 million worth of shares in the open market on February 6 and 9, leaving him with about $20 million in remaining holdings.
On February 4, Delta’s Board of Directors declared a quarterly dividend of $0.1875 per share, payable on March 19 to shareholders of record as of February 26.
For fiscal 2025, Delta reported approximately $5 billion in pre-tax income and achieved record free cash flow. Based on these results, the company will distribute $1.3 billion in profit-sharing to employees on February 13, 2026.
Headquartered in Atlanta, Delta Air Lines is a major U.S. carrier operating up to 5,500 flights a day across six continents and more than 300 destinations, with a strategic focus on expanding its premium services.
Having been rated one of North America’s most punctual airlines in 2025, Delta plans in 2026 to grow its mix of premium products and further enhance profitability.
Source: SEC 4 Filing