Samant Rahul D 4
4 · DELTA AIR LINES, INC. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Delta (DAL) EVP Rahul Samant Receives Award, Sells Shares
What Happened
- Rahul D. Samant, EVP & Chief Information Officer of Delta Air Lines (DAL), had 97,440 Performance Restricted Stock Units (PRSUs) vest on Feb 4, 2026 and received that number of shares. To satisfy tax withholding on settlement, 43,400 shares were withheld (treated as a disposition) at $70.86/share for $3,075,324. On Feb 5, 2026 he sold 62,528 shares in open-market transactions at a weighted average price of $70.18/share for $4,388,403. Combined cash proceeds from the reported disposals were about $7.46 million.
- The PRSU vesting was certified by Delta’s Personnel & Compensation Committee and the award/withholding were approved and reported as exempt under Rule 16b-3.
Key Details
- Dates: PRSUs vested and shares delivered/withheld on 2026-02-04; open-market sale on 2026-02-05. Filing date: 2026-02-06 (timely).
- Transactions and values:
- A (Award): 97,440 shares acquired on 2026-02-04 (PRSUs vested).
- F (Tax withholding): 43,400 shares withheld @ $70.86 = $3,075,324.
- S (Open-market sale): 62,528 shares sold @ weighted avg $70.18 = $4,388,403. Reported sale prices ranged $69.91–$70.41 per share.
- Shares owned after the transactions: not specified in the Form 4 filing.
- Footnotes: PRSU vesting was performance-based and certified by the Committee (exempt under Rule 16b-3(d)(1)); withholding approved under Rule 16b-3(d)(1) and 16b-3(e). The sale price is a weighted average; per-price details available on request to the SEC staff or Delta.
Context
- These transactions reflect settlement of a performance-based equity award and routine withholding plus an additional open-market sale. The withholding (F) is a tax payment method and the sale (S) was executed through a broker; this type of activity is common when PRSUs vest and does not, by itself, indicate the insider’s view on the stock.
- Transaction codes: A = Award/acquisition on vesting; F = shares withheld for taxes; S = open-market sale.
Insider Transaction Report
Form 4
Samant Rahul D
EVP & Chief Info Officer
Transactions
- Award
Common Stock
[F1]2026-02-04+97,440→ 126,867 total - Tax Payment
Common Stock
[F2]2026-02-04$70.86/sh−43,400$3,075,324→ 83,467 total - Sale
Common Stock
[F3]2026-02-05$70.18/sh−62,528$4,388,403→ 20,939 total
Footnotes (3)
- [F1]Shares earned pursuant to vesting of Performance Restricted Stock Units ("PRSUs") granted under Delta's 2023 long-term incentive program, upon certification by the Personnel & Compensation Committee of Delta's Board of Directors (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 Securities Exchange Act of 1934 (the "Exchange Act") under Rule 16b-3(d)(1).
- [F2]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).
- [F3]The price reported in column 4 is a weighted average price. The reported shares were sold in multiple transactions through a broker-dealer at prices ranging from $69.910 to $70.410 per share, inclusive. The Reporting Person undertakes to provide, upon request, details regarding the number of shares sold at each separate price to the staff of the Securities and Exchange Commission, Delta Air Lines, Inc., or a security holder of Delta Air Lines, Inc.
Signature
/s/ Alan T. Rosselot, as attorney-in-fact for Rahul D. Samant|2026-02-06