Ausband Allison C 4
4 · DELTA AIR LINES, INC. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Delta EVP Allison Ausband Receives 86,070 Shares; 31k Withheld
What Happened
- Allison C. Ausband, Executive Vice President & Chief People Officer of Delta Air Lines (DAL), was granted and received a total of 86,070 shares on Feb 4, 2026: 16,470 shares of restricted common stock (new grant) and 69,600 shares issued upon vesting of Performance Restricted Stock Units (PRSUs) from Delta’s 2023 long‑term incentive program.
- To satisfy tax withholding on the PRSU settlement, 31,000 shares were withheld (treated as a disposition) at an indicated per‑share amount of $70.86, equal to $2,196,660.
Key Details
- Transaction dates: awards/vesting and withholding occurred on 2026-02-04; Form 4 filed 2026-02-06 (appears timely).
- Transaction codes: A = award/grant/acquisition (16,470 and 69,600 shares); F = shares withheld for tax liability (31,000 shares disposed).
- Price used for withholding: $70.86 per share; total withholding value ≈ $2,196,660.
- Shares owned after the transactions: not reported in the excerpt of this filing.
- Footnotes/approval: Committee approved the 2026 restricted stock grant and certified company performance for the 2023 PRSUs. Withholding and grants are reported as exempt from Section 16(b) under Rule 16b‑3 (see footnotes F1–F3).
Context
- This filing reflects compensation-related equity activity (new restricted shares and PRSU settlement) rather than an open‑market buy or sell by the insider. The 31,000‑share "disposition" represents shares withheld to pay taxes on vested awards (a common, administrative cashless tax withholding), not a voluntary sale to third parties.
- Such awards and withholdings are routine for executive compensation and do not, by themselves, indicate the insider’s view of the company’s stock.
Insider Transaction Report
Form 4
Ausband Allison C
EVP & Chief People Officer
Transactions
- Award
Common Stock
[F1]2026-02-04+16,470→ 105,254 total - Award
Common Stock
[F2]2026-02-04+69,600→ 174,854 total - Tax Payment
Common Stock
[F3]2026-02-04$70.86/sh−31,000$2,196,660→ 143,854 total
Footnotes (3)
- [F1]The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Ms. Ausband 16,470 shares of restricted common stock under Delta's 2026 long-term incentive program. The shares will vest pursuant to the terms of the award agreement. This grant was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1).
- [F2]Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Committee on February 4, 2026 of Delta's satisfaction of certain performance criteria specified for the award at time of grant. This grant was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rule 16b-3(d)(1).
- [F3]Shares withheld for payment of tax liability upon settlement of the PRSUs granted under Delta's 2023 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Exchange Act under Rules 16b-3(d)(1) and 16b-3(e).
Signature
/s/ Alan T. Rosselot, as attorney-in-fact for Allison C. Ausband|2026-02-06