Ausband Allison C 4

What Happened

• Allison C. Ausband, EVP & Chief People Officer of Delta Air Lines (DAL), had a total of 3,577 shares withheld to satisfy tax liabilities upon vesting of restricted stock awards. The withholding occurred on 2026-01-30 at a closing price of $65.89 per share, totaling approximately $235,689 (2,150 shares = $141,664; 1,427 shares = $94,025).
• This was a routine tax-withholding disposition (code F) tied to vesting, not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-01-30; Price used: $65.89 per share.
• Shares withheld: 2,150 (from 2024 LTIP award) and 1,427 (from 2025 LTIP award); combined 3,577 shares.
• Gross value withheld: ~$141,664 and ~$94,025 respectively; total ≈ $235,689.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes: Withholding was approved by Delta’s Personnel & Compensation Committee and is exempt from Section 16(b) under Rules 16b-3(d)(1) and 16b-3(e). The vesting date was Feb 1, 2026 (Sunday), so the withholding used Delta’s Jan 30, 2026 closing price (the prior business day).
• Filing timeliness: Form 4 was filed on Feb 3, 2026 (within the required two business days after the Jan 30 transaction), so the filing appears timely.

Context

• This is a tax-withholding event tied to restricted stock vesting (a common administrative disposition). Shares were withheld to satisfy tax obligations rather than sold in an open-market transaction, so it does not necessarily indicate a change in the insider’s view of the company.