DELTA AIR LINES, INC. 4

Alain Bellemare (EVP & Pres. - International of Delta Air Lines, Inc.) exercised 35,000 stock options at $39.78 and sold 35,000 Delta (DAL) common shares at a weighted average of $92.719 on August 4, 2026, leaving him with 95,025 shares owned directly.

On August 4, 2026, Alain Bellemare, EVP & President - International of Delta Air Lines, Inc., exercised 35,000 employee stock options at a strike price of $39.78 per share to acquire 35,000 shares of Delta common stock and on the same day sold those 35,000 shares in the open market at a weighted average price of $92.719 per share, in a broker-handled transaction with execution prices ranging from $92.50 to $93.16. The option exercise generated an approximate gross spread of about $1.85 million before taxes and commissions. After these transactions, Bellemare reported direct ownership of 95,025 shares of Delta common stock, which, using a current market price of about $93.14 per share, represents an equity stake valued at roughly $8.85 million. The filing notes that the stock option is currently exercisable and that detailed trade breakdowns by price level are available upon request from the reporting person.

Filing Facts

CIK

27904

Ticker

DAL

Form

4

Source Type

sec

Accession

0001683168-26-006001

Alert Tier

6