Esposito Joseph James 4
4 · DELTA AIR LINES, INC. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Delta (DAL) EVP Joseph Esposito Receives Restricted Stock Award
What Happened
Joseph James Esposito, EVP & Chief Commercial Officer of Delta Air Lines, was granted 14,120 shares of restricted common stock on February 4, 2026 as part of Delta's 2026 long-term incentive program. No purchase price is reported (grant = N/A); the shares will vest according to the award agreement.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-06 (timely filing).
- Transaction type/code: Grant/Award (A).
- Shares granted: 14,120 restricted shares.
- Acquisition price: N/A (grant).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The grant was approved by Delta’s Personnel & Compensation Committee and is exempt from Section 16(b) under Rule 16b-3(d)(1). Vesting is subject to the award agreement.
Context
This was a compensation grant (restricted stock), not an open-market buy or sale. Restricted shares typically vest over time and may be forfeited if vesting conditions aren’t met; such grants are common executive compensation and do not necessarily indicate insider sentiment about the stock. The Rule 16b-3 exemption means the grant is not subject to short-swing profit recovery.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-04+14,120→ 32,272 total
Footnotes (1)
- [F1]The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Esposito 14,120 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 under Rule 16b-3(d)(1).