Snell Erik Storey 4
4 · DELTA AIR LINES, INC. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Delta Air Lines EVP Erik Snell Receives Award of 11,770 Shares
What Happened
Erik Snell, Delta Air Lines' EVP & Chief Customer Experience Officer, was granted 11,770 shares of restricted common stock on Feb 4, 2026 as part of Delta's 2026 long-term incentive program. The grant is listed as an award (no purchase price reported) and will vest according to the terms of the award agreement. This is a compensation grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-06 (appears timely, within the standard two-business-day reporting window).
- Shares granted: 11,770 restricted shares; price: N/A (award).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Grant was approved by Delta's Personnel & Compensation Committee and is exempt from Section 16(b) under Rule 16b-3(d)(1). Vesting will follow the award agreement.
- Filing type/code: A = Award/Grant.
Context
Restricted stock grants are a form of compensation intended to align executives' interests with shareholders; they do not represent an open-market purchase or sale and therefore shouldn't be read as a direct buy/sell signal. The award will only translate to realized value for the insider if and when the shares vest and any applicable withholding requirements are met.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-04+11,770→ 41,498 total
Footnotes (1)
- [F1]The Personnel & Compensation Committee of Delta's Board of Directors (the "Committee") granted Mr. Snell 11,770 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).