Samant Rahul D 4

What Happened Rahul D. Samant, Executive Vice President and Chief Information Officer of Delta Air Lines, had 6,819 shares withheld and disposed to satisfy tax withholding obligations tied to the vesting of restricted stock. On January 30, 2026, 4,309 shares were withheld at $65.89 each ($283,920) and 2,510 shares were withheld at $65.89 each ($165,384), for a combined value of approximately $449,304. These are tax-withholding disposals (transaction code F), not open-market sales initiated as investment decisions.

Key Details

• Transaction date: January 30, 2026; per-share price used: $65.89.
• Shares withheld/disposed: 4,309 (F1) and 2,510 (F2); total 6,819 shares; total value ≈ $449,304.
• Reason: Shares withheld to pay tax liability on vesting of restricted stock from Delta's 2024 and 2025 long-term incentive programs.
• Footnotes: Withholding approved by the Board’s Personnel & Compensation Committee; exempt from Section 16(b) under Rules 16b-3(d)(1) and 16b-3(e). Vesting date was Feb 1, 2026 (a Sunday), so the withholding used Delta’s closing price on the prior business day (Jan 30, 2026).
• Filing: Form 4 filed Feb 3, 2026 — within the standard two-business-day reporting window (timely).
• Transaction code meaning: F = tax withholding (disposition of shares to cover tax liability).

Context This was a routine tax-withholding event on vested restricted stock (a cashless-type disposition) rather than an opportunistic sale or new purchase. Such withholdings are common when restricted awards vest and generally do not signal a change in insider sentiment about the company.