Snell Erik Storey 4

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.