Delta Air Lines, Inc. CEO sells $4.1M in DAL shares on the open market
50,000 shares sold on the open market on Oct 29, at about $82.00 each.
Edward H Bastian, a chief executive officer of Delta Air Lines, Inc. (DAL), sold 50,000 shares on Oct 29 at an average price of $82.00, a total of $4.1 million, according to a Form 4 filed with the SEC on Oct 30.
The Form 4 does not tick the Rule 10b5-1 box: the sale is not reported as part of a pre-arranged trading plan. After the trade, the filing lists 1,313,448 shares held.
The trade was reported within two business days, as Section 16 requires.
Details from the SEC filing:
| Company | Delta Air Lines, Inc. (DAL) |
|---|---|
| Insider | Edward H Bastian |
| Role | CEO |
| Transaction | Open-market sale (code S) |
| Shares | 50,000 |
| Average price | $82.00 |
| Value | $4,100,000 |
| Trade date | Oct 29, 2026 |
| Filed with the SEC | Oct 30, 2026, 5:00 PM ET |
| Shares held after | 1,313,448 |
| Ownership | Direct |
| Rule 10b5-1 plan | Not marked in the filing |
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Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.