BELLEMARE ALAIN 4

4 · DELTA AIR LINES, INC. · Filed Feb 6, 2026

AI-generated summary of this filing

Updated Feb 7, 2026

Delta (DAL) EVP Alain Bellemare Receives Awards; Withholds Shares

What Happened

Alain Bellemare, EVP & President — International at Delta Air Lines, received equity awards on Feb 4, 2026: 21,170 restricted common shares (2026 long‑term incentive grant) and 125,250 shares upon vesting of 2023 PRSUs. To satisfy tax withholding on the PRSU settlement, 55,787 shares were withheld/disposed at an implied value of $70.86 per share, totaling $3,953,067. The grants and the withholding were approved by Delta’s Personnel & Compensation Committee.

Key Details

Transaction dates: February 4, 2026 (reported on Form 4 filed Feb 6, 2026) — filing appears timely.
Award details: 21,170 restricted shares (2026 LTIP); 125,250 shares from vested 2023 PRSUs (certified by the Committee).
Tax withholding: 55,787 shares withheld to cover tax liability; reported price $70.86, value $3,953,067.
Shares owned after transaction: not specified in the filing.
Footnotes: Grants and withholding were approved by the Committee and reported as exempt from Section 16(b) under Rule 16b‑3(d)(1); withholding also cites Rule 16b‑3(e).

Context

This filing documents equity awards and a routine tax‑withholding disposition (code A = award/grant; code F = tax withholding). Awards and PRSU settlements are not open‑market purchases or sales by the insider and are generally compensation actions rather than directional bets on the stock. Tax‑withholding via share surrender is common when restricted/PRSU awards settle.

Form 4

Period: 2026-02-04

EVP & Pres. - International

Transactions

Award
Common Stock
[F1]
2026-02-04+21,170→ 103,925 total
Award
Common Stock
[F2]
2026-02-04+125,250→ 229,175 total
Tax Payment
Common Stock
[F3]
2026-02-04$70.86/sh−55,787$3,953,067→ 173,388 total

Footnotes (3)

[F1]The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Bellemare 21,170 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 Alain M. Bellemare|2026-02-06

1 file