Janki Daniel C. 4

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

AI-generated summary of this filing

Updated Feb 7, 2026

Delta CFO Daniel Janki Receives Awards; 102,273 Shares Withheld

What Happened

Daniel C. Janki, Chief Financial Officer of Delta Air Lines (DAL), received equity awards and vested Performance Restricted Stock Units (PRSUs) on Feb 4, 2026. He was granted 19,410 shares of restricted common stock and 229,620 shares were issued upon certification of PRSU performance, for a total of 249,030 shares. To cover the tax liability on the PRSU settlement, 102,273 shares were withheld (disposed) at $70.86 per share, yielding approximately $7,247,065.

Key Details

Transaction date: 2026-02-04; Form 4 filed: 2026-02-06 (filed timely).
Grants/vestings: 19,410 restricted shares (2026 LTIP grant) and 229,620 shares from 2023 PRSUs (vested upon Committee certification).
Tax withholding (disposition): 102,273 shares withheld at $70.86 each for tax payment, proceeds ~$7.25M.
Shares owned after transaction: Not specified in the provided filing excerpt.
Footnote highlights: Grants and PRSU settlement were approved by the Personnel & Compensation Committee and are exempt from Section 16(b) under Rule 16b-3; the withholding for taxes was also approved and exempt under Rule 16b-3.

Context

The "A" entries are awards/grants and the "F" disposition reflects shares withheld to satisfy tax withholding on PRSUs — a routine, administrative transaction rather than an open-market sale. The PRSU shares were issued after the Committee certified Delta met performance criteria tied to the 2023 award. This filing reports the award/vesting and the tax withholding, not an indication of a market-timed sale by the insider.

Form 4

Period: 2026-02-04

EVP & Chief Financial Officer

Transactions

Award
Common Stock
[F1]
2026-02-04+19,410→ 249,040 total
Award
Common Stock
[F2]
2026-02-04+229,620→ 478,660 total
Tax Payment
Common Stock
[F3]
2026-02-04$70.86/sh−102,273$7,247,065→ 376,387 total

Footnotes (3)

[F1]The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Janki 19,410 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 Daniel C. Janki|2026-02-06

1 file