Laughter John E 4
4 · DELTA AIR LINES, INC. · Filed Oct 23, 2025
Insider Transaction Report
Form 4
Laughter John E
EVP & Chief of Operations
Transactions
- Exercise/Conversion
Common Stock
2025-10-21$51.23/sh+9,710$497,443→ 93,322 total - Exercise/Conversion
Employee Stock Option (right to buy)
2025-10-21−11,110→ 0 totalExercise: $50.52Exp: 2029-02-05→ Common Stock (11,110 underlying) - Exercise/Conversion
Common Stock
2025-10-21$49.33/sh+2,503$123,473→ 83,612 total - Exercise/Conversion
Employee Stock Option (right to buy)
2025-10-21−2,503→ 0 totalExercise: $49.33Exp: 2027-02-08→ Common Stock (2,503 underlying) - Sale
Common Stock
2025-10-21$62.33/sh−23,323$1,453,653→ 81,109 total - Exercise/Conversion
Employee Stock Option (right to buy)
2025-10-21−9,710→ 0 totalExercise: $51.23Exp: 2028-02-07→ Common Stock (9,710 underlying) - Exercise/Conversion
Common Stock
2025-10-21$50.52/sh+11,110$561,277→ 104,432 total
Footnotes (2)
- [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 $62.265 and $62.405 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.